Chinese company M/s Yuanshun Enterprise Co Ltd will invest $9.49 million to set up a packaging factory in Mongla Export Processing Zone.
The company will produce 10 million pieces of different kinds of boxes for packaging like paper boxes, jewellery boxes, jewellery bag, watch boxes, and gift boxes. On top of that, the investment will generate employment opportunities for 490 Bangladeshi nationals.
The company also signed an agreement with the Bangladesh Export Processing Zones Authority (Bepza) to this effect at Bepza Complex in Dhaka on June 15.
