Chinese company to invest US$ 22.92 million in BEPZA EZ

A Chinese interlining and Garments accessories manufacturing company is going to invest US$22.92 million at BEPZA Economic Zone (BEPZA EZ) located at Bangabandhu Sheikh Mujib Shilpa Nagar, Mirsharai, Chattogram.

In the presence of Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, Bangladesh Export Processing Zones Authority (BEPZA) on Tuesday signed an agreement with the company at the BEPZA Complex, according to a press release.

BEPZA member (Investment promotion) Md. Ashraful Kabir and Chairman of the Chinese Sanxin Accessories Limited Ms. Li Li signed the agreement on behalf of their respective organizations.

This foreign-owned company will produce Interlining, Lace, TC Pocketing/Printing, Granule and Hot Melt Adhesive Powder and it will create employment opportunities for 2,346 Bangladeshi workers.

BEPZA Executive Chairman thanked the Chinese company for choosing BEPZA EZ as their investment destination. He hoped that the company would start construction of the factory as soon as possible and commence commercial production.