Quality Sportswear Mfrs Ltd., a Chinese company, is set to invest US $ 11.55 million in establishing a garments and accessories manufacturing facility at the BEPZA Economic Zone in Mirsarai, Chittagong.
Reports claimed this adding the factory aims to achieve an annual production target of 6.05 million garments and 0.8 million accessories, including money bags and travelling bags, creating employment opportunities for 3,310 Bangladeshi workers.
This investment is part of Bepza’s approval for 26 enterprises to set up industries in the Mirsarai economic zone, contributing to the production of diverse products.
The collective proposed investment of these enterprises amounts to US $ 529.4 million.
The agreement, signed by Ali Reza Mazid, Bepza’s member for Investment Promotion, and Zhang Zhilan, director of Quality Sportswear Mfrs Ltd., solidifies the commitment between the two organisations.
The signing ceremony took place at the Bepza Complex in Dhaka and included the presence of Major General Abul Kalam Mohammad Ziaur Rahman, Bepza’s executive chairman, along with other key officials from both entities.
