BEPZA Economic Zone gets $24m more investment

BTJ Desk Report
BEPZA Economic Zone gets $24m more investment

Chinese company M/s SSH (BD) Sustainable Fashion Co. Ltd. is going to invest US$ 24.05 million to set up a high-end garments industry in BEPZA Economic Zone (BEPZA EZ).

Bangladesh Export Processing Zones Authority (BEPZA) today signed an agreement with the company to this effect at BEPZA Complex in the city, said a press release.

Including SSH (BD), BEPZA signed agreements with a total of 16 enterprises to establish industries in BEPZA EZ for an investment of $ 387.7 million.

Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Sun Ge, Managing Director of SSH (BD) Sustainable Fashion Co. Ltd. signed the agreement on behalf of their respective organizations.

BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc witnessed the signing ceremony.

The company will produce annually 36 million pcs of different types of high-end garment products including Jackets, Blazer, Coat, Suit, Pant, Trousers, Jeans, Shirt, Shorts, Cargo long, Underwear, Jersey, T-Shirt, Knit-Bottom, Baby Bumper, Swimsuit, Sheath Dress, Hoodie, Uniform, etc. where 2062 Bangladeshi nationals will get employment opportunity.

Among others, Member (Engineering) Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Md. Tanvir Hossain and Executive Director (Enterprise Services) Md. Khorshid Alam were present during the signing ceremony.


Comment here