Paragon Leather and Footwear Industries Ltd. a cent per cent export-oriented shoe manufacturer, has received ex port orders worth 22.86 million US dollars from different countries, reports UNB.

Officials of the Bangladesh -German Joint venture company on Wednesday said the orders were only for shoes while foreign buyers were also enquiring about leather hand bags, money bags, vanity bags and belts.

"The company has already taken steps to manufacture and I export these items." said Ifteki- I harul Hasan, the Company Sec- I retary.

Paragon, located at the Chit- I

tagong Export Processing Zone 1

with a capacity of producing 1000 pair of shoes per day. fetched Tk eight crore by exporting shoes and earned a net profit of Tk 1.02 crore till -September 1996 from its com-mercial operation in December ।

The company has already entered into the capital market offering shares worth Tk six crore in April. Trading of Paragon shares began in the Dhaka Stock Exchange (DSE) floor on Wednesday. t