Fully Japanese owned M/s. TS Tech Bangladesh Limited will invest US$ 5.51 million to establish a Car Seat Trim Cover industry in Adamjee EPZ. Mentionable that in reflection of harmony ties between Premiers of Japan & Bangladesh to enhance investment cooperation in new dimension and in accordance of BEPZA-JETRO agreement during Prime Minister’s Sheikh Hasina’s Tokyo visit in last year brings this Japanese investment in EPZ.
9012 square meter standard factory building has been allotted to TS Tech Bangladesh Limited for producing 0.3 million pcs car’s seat trim cover per annum. It will be the first this kind of non-traditional product manufacturing plant in EPZs of Bangladesh.TS Tech factory will create employment opportunity for 508 Bangladeshi nationals.
An agreement to this effect signed between Mr. Sayed Nurul Islam, Member (Investment Promotion) of Bangladesh Export Processing Zones Authority and Mr. Yoshiaki Yui, Chairman of TS Tech Bangladesh Limited in Dhaka today (10-12-2015) at BEPZA Complex.
Major General Mohd. Habibur Rahman Khan, ndc, psc, Executive Chairman and Mr. Kei Kawano, Country Representative, Japan External Trade Organization (JETRO), Bangladesh attended the signing ceremony. Among others, Mr. Md. Mosaddeque Ali, Member (Engineering), Mr. Md. Shawkat Nabi, Secretary, Mrs. Nazma Binte Alamgir, General Manager (Public Relations) and Mr. Ahsan Kabir, General Manager (Investment Promotion) of BEPZA were present in the program.