Label Makers to invest $1.14m

Label Makers, a Bangladeshi company, is going to establish a garment accessories plant in Dhaka Export Processing Zone with an investment of $1.14 million.

The investment will enable employment for 285 Bangladeshi nationals. 

The company will annually produce some 1,633 million pieces of  accessories.

which include label, hang tag, elastic, paper packaging,  seal cord, loop, self-adhesive sticker, RFID label, poly bag,  biodegradable poly bag, PET film image and heat transfer label.

Mohammad Faruque Alam, member of engineering and investment promotion (additional charge) at Bangladesh Export Processing Zones Authority (Bepza), and Md Shahriar, managing director of Label Makers, signed an agreement at Bepza Complex, Dhaka yesterday, said a press release.