According to the bank website, "The Project involves setting up a greenfield factory in Narayanganj, which will comprise 50 sewing lines, washing facilities, and embellishment capabilities. The proposed project will increase Epyllion’s cutting and sewing capacity by 25 million pieces per year from current capacity of 16 million to post project capacity of 41 million pieces per year, which will be fully exported to major global retailers."
According to IFC, the project sponsors are Mr. Reaz Uddin Al-Mamoon, Mr. Md Junaid Abu Salay Musa and Mrs. Kishwar Jahan, who are the shareholders of Epyllion Knitwears Limited. The shareholding structure is as follows - Mr. Reaz Uddin Al-Mamoon (45.8%), Mr. Md Junaid Abu Salay Musa (31.7%) and Mrs. Kishwar Jahan (22.5%).
Epyllion Knitwears Limited
Epyllion GroupNina Kabbo, 227/A, Gulshan-Tejgaon Link Road, Tejgaon, Dhaka-1208Tel: 9840223Fax: 88-02-9855293Mobile: email@example.com
Chief Financial officer
Nina Kabbo, 227/A, Gulshan-Tejgaon Link Road, Tejgaon, Dhaka-1208Bangladesh
ACCOUNTABILITY MECHANISM OF IFC
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