Plastics recycling investment in Bangladesh

Archiv – An Indian company is to invest US$ 34.73 million (Euro 24 million) in a plastics development in Bangladesh’s Mongla Export Processing Zone.India/Bangladesh | An Indian company is to invest US$ 34.72 million (Euro 24 million) in a plastics development in Bangladesh’s Mongla Export Processing Zone. The move by M/s JDC Recycling Pvt Ltd will create employment for more than 1000 Bangladeshis, according to the company.
A lease agreement between JDC Recycling and the Bangladesh Export Processing Zones Authority (BEPZA) was signed recently at BEPZA Complex in the Bangladeshi capital Dhaka by BEPZA AZM’s General Manager Azizur Rahamn and JDC Recycling’s Chairman Sumeet Chopra.