Rancon Lubricants Limited is planning to strengthen its industrial presence in Bangladesh with an investment of US$19.65 million in the National Special Economic Zone in Mirsarai, Chattogram.
As part of the project, the company has signed a land lease agreement with Invest Bangladesh for 6.5 acres of land. The site will host a new industrial facility designed to support the company’s business expansion.
According to an announcement by Invest Bangladesh on October 5, the project is expected to create more than 250 jobs, contributing to industrial development and employment generation in Bangladesh.
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