Pran-RFL to create Tk 153cr plant on Adamjee EPZ to create PPE, toys
Banga Plastic International, a sister concern of Pran-RFL Group, ideas to establish a personal protective gear (PPE) and gadget manufacturing plant at a price of $18.08 million or Tk 153 crore interior Adamjee Export Processing Zone.
Work to create the factory will start by next month and development for export will get started within a time, said Rathendra Nath Paul, chairman of Banga Plastic.
Around 2,000 Bangladeshis will be employed in the factory, that the company is now working to mobilise overseas financing, he said.
The business will annually produce 850 tonnes of PPE, including surgical, KN 95 and N 95 face masks, surgical palm gloves, shoe covers, mop caps, medical gowns, sanitary napkins, diapers and hand sanitisers.
It will also manufacture 4,857 tonnes of baby toys, rider toys, slipper playthings, sports toys, educational playthings, building toys, alphabet toys, soft and hard creature toys etc.
Paul shared the info after signing a manage Md Mahmudul Hossain Khan, member for investment advertising at Bangladesh Export Processing Zones Authority (Bepza), in the Bepza Complex found in Dhaka yesterday.
Banga Plastic will love all government facilities while an investor inside the EPZ, including a five-year tax getaway, Nazma Binte Alamgir, standard manager for pr at Bepza, told The Daily Star.
Bepza is ready to provide plots and offer cooperation to investors from your home and abroad, she said.
"The export volume rises and many jobs are manufactured when an investor invests in in virtually any EPZ."
There is scope to produce most products for the neighborhood market also, she said. Major Basic SM Salahuddin Islam, executive chairman of Bepza, also witnessed the deal signing ceremony along with Ahsan Khan Chowdhury, chairman and CEO of Pran-RFL Group.
