posted 26-07-2009 22:08            

We are looking for a joint venture partner in order to make 100% export oriented project for crust, finished leather and leather goods including shoes and leather garments in our Country. As we have a 66.75 decimal fantastic land in Mymensingh area it is 140 kilo meter away from Dhaka and this land is situated along the highway that's why the land area can be used for this purposes and the land area can be extended if needed.

Presently Bangladesh Govt. providing good facilities for the joint venture project as follows:-

Tax holiday up to 5 to 7 years depending on locations.
Duty free import and back to back L/C facilities and loans up to 90% of sale agreement.
Double taxation avoidance with the countries to whom having bilateral agreements.
GSP facilities for least developing countries.
17.5% Cash incentives for leather/ footwear, crafts, goods and garments.
Working capital is available @ 7.5% interest.
100% foreign equity and full repatriation of capital is allowed.
Full working capital loans from local banks.
Protection for foreign investors ensures by the government act 1980 against expropriation.
Cost comparison on 21 Asian cities by WTO and JETRO.
Labor cost is very cheaper comparatively then the other Asian Countries.