China, Taiwan and Bangladesh will establish a zipper industry in Comilla Export Processing Zone investing US$ 10 million. This joint venture company, M/s. Shepherd Asia Zipper Limited, will manufacture 3.75 million dozens of Metal zipper and 1.25 million dozens of Nylon zipper annually. The company will create employment opportunity for 132 Bangladeshi and 2 foreign nationals.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority (Bepza) and the M/s. Shepherd Asia Zipper Limited here on July 30.