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BD-India JV to invest in Mongla EPZ
9 August 2010: Pace Tobacco Industries (BD), a Bangladesh-India company, will set up a Tobacco Manufacturing Industries in the Mongla Export Processing Zone (MEPZ).
The jointly owned company will invest $8.872 million (approx Rs 40.48 crore) in setting up their unit and manufacture Tobacco. To this effect, an agreement was signed between Bangladesh Export Processing Zones Authority (BEPZA) and Pace Tobacco Industries (BD) Limited in BEPZA complex, Dhaka.
Source: Bangladeshinfo