Tracking No: PC-202406230837c30db825 Date: 11-Jul-2024
Managing Director/ CEO
Bengal IRIS TAKUMI LTD.
Lot No. D1, Bangladesh Special Economic Zone, Sonpara, Panchrukhi Via Rupganj, Araihazar, Narayanganj, PO : 1460,
Bangladesh
Bangladesh Special Economic Zone Limited, Narayanganj, Araihazar
Subject: Approval for setting up a(n) Industry/Manufacturing, Exporter, Importer, Supplier in Bangladesh Special
Economic Zone Limited
Dear MD/ CEO,
With reference to your Project Proposal received on 30-Jun-2024, this is to inform you that the Authority is pleased to issue this
clearance subject to approval from competent authorities and compliance of all legal requirements of your project for setting up
a(n) Industry/Manufacturing,Exporter,Importer,Supplier in Bangladesh Special Economic Zone Limited, Narayanganj,
Araihazar on terms and conditions as indicated below:
01. Name of the project: Bengal IRIS TAKUMI LTD.
02. Products: Manufacturing Button (made of Polyester, Polyamide, ABS, Polyacetal, Polycarbonate, etc.) HS Code: 9606.21.00
and Manufacturing and sales of clothing accessories.
03. Cost of the project: 5.68 Million USD
04. Type of Investment: 100.00% Export Orient
0.00% Domestic Orient
05. Type of Industry: A- Foriegn Oriented
06. Annual production capacity: Button 97000000 Piece,
07. Employment: 0 persons including 0 foreign nationals
08. Status of the Company: Private Limited
09. Manufacturing Process: 1. Raw materials → 2. Blank → 3. Turning → 4. Polishing → 5. Inspection 1. Polyester raw materials
are fed into a drum pouring machine. 2. The material in tablet form is heat-cured. 3. The blanks are shaved with a blade to suit
the shape of the button. 4. The button is polished using water and an abrasive. 5. Each button is inspected one by one.
10. Area of land/SFB to be allotted: 10000.00959044 Square Meters plot in Lot No. D1, Bangladesh Special Economic Zone,
Sonpara, Panchrukhi Via Rupganj, Araihazar, Narayanganj, PO : 1460, Bangladesh at Sonpara, Panchrukhi Via Rupganj
Araihazar
11. Machinery and equipments required to be imported for the project valued approximately at 131,730.00 USD only on the terms
and conditions acceptable to this Authority.
12. Machinery to be imported for the project (as per list enclosed with the Project Proposal) shall be New. However, the import of
old or used Machinery and equipment is allowed upon the fulfillment of the conditions laid down in the import Policy Order.
Prior approval of the Authority shall be required for the import/shipment of machinery from abroad.
13. Before procurement of Machinery and building-materials from abroad you are required to submit 3 (three) sets of price
quotations from reputed machinery suppliers or in case of procurement of machinery from manufacturer, 1 (one) set of price
quotation along with catalogues etc. of the machinery for approval of the Authority.
14. The company will have to:
a. maintain the ratio of export and domestic sale within 100.00:0.00 of entire product of its factory;
b. submit monthly reports to the Authority on the progress of implementation of the project;
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c. commission the project in the allotted land space within a period of twelve months failing which the Authority may revoke this
permission;
d. furnish such other data on the project to this Authority and to any other agency as may be required;
e. obtain work permits / permission of the Authority prior to entry for any foreign nationals on employment in the project;
f. submit to this Authority, the audited Financial Statement for every financial year within 4(four) months from the closure of
each financial year of the company;
g. comply with the provisions of minimum wages of the workers as declared by the government from time to time and the EPZ
Workers Welfare Association and Industrial Relations Act, 2010 (Act no-43 of 2010) (as amended from time to time by the
Authority) in regards to wages, employment, salary, leave, discipline, health, compensation, insurance and other benefits to the
employees engaged for work in your enterprise;
h. comply with the rules pertaining to environment protection, pollution control and effluent treatment and take necessary safety
measures against possible fire hazards;
i. comply with all laws, by-laws, rules, regulations, directives of the government and of this Authority which are in force or
which may be issued from time to time in future;
j. comply with provisions of the “Principles and Procedures Governing Setting up of Industries in EZ”;
k. obtain prior approval of the Authority in case the company decides to appoint a Managing Agent or transfer the shares of the
company;
l. the company shall have to submit actual Investment, export, domestic sales, employment information to the Authority and/ or
with other government agency(s) in quarterly basis.
15. The construction of the factory building and other civil construction shall have to commence immediately and not later than 03
(three) months from the date of issuance of this letter and will have to start commercial production within 01(one) year from
the date of signing the land lease agreement. If the company fails to start construction work of factory building within
03(three) months, the land lease agreement may be terminated without issuance of any further notice. The building shall
conform to the conditions and specification laid down in Bangladesh Economic Zones (Construction of Building ) Rules ,
2017. Prior approval of the building plan has to be obtained from the Authority
16. The company shall bear the cost of Services and Regulatory permit fees as prescribed by the Authority from time to time
17. No waste/old materials will be allowed to import as raw materials.
18. In the event of your failure to set up the unit within the stipulated time or infringement of any rules and regulations or
violation of any of the above terms and conditions, the Authority may revoke the permiss
19. This permission is not transferable.
20. This permission is valid until expiration of the License awarded by Bangladesh Economic Zones Authority.
21. If you agree with the terms and conditions contained in this letter along with those contained in the BEZA Act, Rules, Policies,
Guidelines, SROs, Circulars, Office orders etc. you are requested to proceed for signing the land lease agreement with the
Developer/ Operator of with intimation to the Authority. Thanking and assuring you of our best cooperation at all times.
Copy for Information to
a. Managing Director ,
b. Commissioner, Customer Bond...
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c. ..............................
d. ..............................
Annexure - 1
Infrastucture Initial Period Regular Operation Period at maximum capacity
Power (in KW/H) 500 500
GAS (in M3) Per day 0 0
Water (in M3) Per day 60 60
Central ETP (in M3) Per day 0 0
Annexure - 2
Details of Machinery Country of Origin Name of The vendor Value Value
Currency State
Rod Casting Machine Italy Bonetti 45,000 USD new
Sheet Casting Machine Italy Bonetti 19,800 USD new
Turning Machine Italy Bonetti 29,800 USD new
Water Polish Machine Italy Bonetti 8,840 USD new
Wood Polish Machine Japan Kawashin 7,000 USD new
Inspection Machine Italy Bonetti 9,290 USD new
Ultrasonic Cleaner Japan Kawashin 12,000 USD new THIS IS A COMPUTER GENERATED PERMIT. SO SIGNATURE IS NOT REQUIRED.
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