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Youngone Corparation Donates Covid Reliefs Supplies To Telangana Jul 05, 2021, 11:05 IST
Youngone Corporation, a Korea-headquartered global leading manufacturer of Textiles, Technical outdoor/ Athletic apparel, Sportswear, Knitwear, Footwear & equipment etc. operating in 13 countries and employing over 90,000 persons worldwide; has donated 10,000 doses of Remdesivir and 100,000 KN95 masks to Telangana Government to support its fight against Covid-19.
The first batch of 5000 doses landed in Hyderabad on 1st July, 2021 while the remaining doses are expected by 8th July. On this occasion, Mr Kihak Sung, Chairman – Youngone Corporation said, “We are all very sorry to hear of the troubled situation in India and Telangana. To stand behind the Government of Telangana in fighting against Covid-19 and to mitigate some of the sufferings of the people, Youngone hereby donates 10,000 vials of Remdesivir Injections and 100,000 (One Hundred Thousand) pieces of KN95 face mask on a
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The investment will help shorten lead times and enhance the range offered by the Bangladesh RMG industry
The Bangladesh clothing industry is looking forward to the completion of five state-of-the-art textile factories at the Korean Export Zone (KEPZ) as an important expansion of local backward linkages.
With a combined floor space of 2 million square feet, the factories – three of which are under construction, and two (producing polyester yarn and fabrics) are already open – will produce manmade fibre (MMF) yarn and finished garments.
They will be owned and operated by the South Korea-based Youngone Corporation, which runs the KEPZ located in the south-eastern port of Chattogram.