Taiwan shoe firm enters Bangladesh - footwearbiz: Leading site for glo

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Taiwan shoe firm enters Bangladesh

21/10/2008

Another Taiwanese company, M/s. Xin Chang Shoes (BO) Limited, has decided to set up a shoe factory in the Comilla Export Processing Zone in Bangladesh.

The unit will require an investment of 550 million taka ($ 8.1 million) and will produce a million pairs of shoes per year to be exported. The company will create 1,267 jobs including 30 jobs for foreign nationals.

The agreement was signed by the Bangladesh Export Processing Zones Authority (BEPZA) and M/s. Xin Chang Shoes last week.


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