The company, M/s Thianis Apparels Ltd, will invest US$ 9.40 lakh and manufacture four million pieces of woven garments annually, a BEPZA press release said yesterday.

It will also create employment opportunities for 500 Bangladeshi and six foreign nationals.

An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and M/s Thianis Apparels Ltd in Dhaka recently.

Masud Ahmed, member (Finance and Investment Promotion) of BEPZA, and Thierry Jacques Renez Zeisser, chairman of Thianis Apparels Ltd, signed the lease agreement on behalf of their respective organisations.

Among others, Executive Chairman M Zakir Hossain, Member (Engineering) Abu Reza Khan, General Manager (Investment Promotion) AZM Azizur Rahman of BEPZA and Managing Director of Thianis Apparels Anisur Rahman were present at the signing ceremony, the press release said.