German, S Korean ambassadors visit KEPZ

German Ambassador to Bangladesh Achim Tröster and South Korean Ambassador to Bangladesh Lee Jang-keun visited Korean Export Processing Zone (KEPZ) in Chattogram on Saturday. 

The duo had a look at establishments inside, including design and development centre Strauss CI Factory Chattogram of German outdoor and sportswear company Strauss which was inaugurated on October 24 last year, said a press release.

Jang-keun invited foreign companies to open factories at the KEPZ, where ICT zones were being established and which was run by 22-megawatt rooftop solar electricity panels connected to the national grid.

Currently, some 43 factories are running at the KEPZ employing over 22,000 workers and another eight factories are under construction.

The KEPZ is operated by Korean company Youngone Corporation, a big foreign investor in the readymade garment sector in Bangladesh.