Chinese company to invest $22.92m in BEPZA EZ

Chinese interlining and garment accessories manufacturing company is set to invest $22.92 million in the BEPZA Economic Zone (BEPZA EZ) located at Bangabandhu Sheikh Mujib Shilpa Nagar in Mirsharai, Chattogram.

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

Major General Abul Kalam Mohammad Ziaur Rahman, executive chairman of the Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company at the BEPZA Complex in Dhaka on Tuesday, reports a press release.

Md. Ashraful Kabir, member (investment promotion) of BEPZA and Li Li, chairman of the Chinese Sanxin Accessories Limited, signed the agreement on behalf of their respective organisations.

The Chinese company will produce Interlining, Lace, TC Pocketing and Printing, Granule and Hot Melt Adhesive Powder and it will create employment opportunities for at least 2,346 Bangladeshi people.

The BEPZA executive chairman thanked the Chinese company for choosing the BEPZA EZ as its desired destination for investment.