A China-Bangladesh joint venture company named Jinqiu Global Textile Bangladesh Limited is all set to invest US $ 15.63 million and come up with a garments accessories manufacturing unit in Bangladesh’s Ishwardi Export Processing Zone (IEPZ).
As per a press release issued in this direction, the Bangladesh Export Processing Zones Authority (BEPZA) and the Jinqiu Global Textile Bangladesh Ltd., had signed an agreement to this end in capital city Dhaka recently.
The Sino-Bangla Joint Venture entity will, reportedly, manufacture around 250 million metres and 2 million cones of different types of garments and accessories annually and generate employment opportunities for 981 Bangladeshi nationals.
