KEPZ to get $6m investment in RMG, bag manufacturing industry

Ms HZ Outdoor International Company Limited is going to set up a Garments and Bag manufacturing industry in Karnaphuli Export Processing Zone (KEPZ) with an investment of $ 6.03 million.

An agreement to this effect was signed on Sunday between Bangladesh Export Processing Zones Authority (BEPZA) and HZ Outdoor International Company Limited at BEPZA Complex in the city, said a press release.

Member (Investment Promotion) of BEPZA Ali Reza Mazid and General Manager of Ms HZ Outdoor Roberto Haryono Go signed the agreement on behalf of their respective organizations with the presence of he Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman.

Fully foreign owned, this China-Taiwanese company will produce annually 3.08 million pcs of jackets, bags, shirt, pants, shorts, trousers, cap or hat, skirt, vest and shocks. 

A total of 2202 Bangladeshi nationals will get employment opportunity in this factory.