Label Makers, a Bangladeshi company, would spend $1.14 million in the Dhaka EPZ

17th August 2021, Mumbai:

Label Makers Ltd, a Bangladeshi firm, would invest $1.14 million in the Dhaka Export Processing Zone (EPZ) to establish a garments accessories sector.

It will manufacture 1,633 million labels, hang tags, elastic, paper packaging, seal cords, loops, self-adhesive stickers, RFID labels, polybags, PET film image, and heat transfer labels, employing 285 people.

According to a BEPZA news statement, the firm and the Bangladesh Export Processing Zones Authority (BEPZA) recently inked an agreement to that effect in Dhaka. On behalf of their organisations, BEPZA member for engineering and investment promotion (extra charge) Mohammad Faruque Alam and Label Makers managing director Mohammad Shahriar signed the agreement.