Bentasa Apparels (Pvt) Limited, a local company, is going to set up a garment accessories manufacturing factory in the Comilla Export Processing Zone (EPZ).

In this connection, an agreement was signed between the Bentasa Apparels and the Bangladesh Export Processing Zones Authority (BEPZA) in the city Tuesday, said a press release.

Member (Investment Promotion) of the BEPZA Prasanta Bhushan Barua and Chairman of the Bentasa AKM Jahangir Alam signed the agreement on behalf of their respective sides.

The company will invest US42.50 million in the project that would create employment opportunities for about 122 Bangladeshi people, the release added.