Taiwanese company Messrs Greenland Footwear has signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) allowing it to set up a footwear manufacturing facility in the extension area of the Karnaphuli Export Processing Zone, northern Bangladesh. The unit is expected to cost Tk1500 million ($22 million).

Around 3.6 million pairs of shoes will be manufactured annually for exportation. Around 3,540 jobs will be created for local workers, while around 40 will be created for foreign nationals.

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