Chinese firm to set up garment industry at BEPZA EZ

Wing Tai Garments (Bangladesh) Company Limited, a Chinese company, has signed a land lease agreement with Bangladesh Export Processing Zones Authority (BEPZA) to set up a garment industry at BEPZA Economic Zone (BEPZA EZ) at Mirsarai in Chattogram, reports UNB.

The agreement was signed at the BEPZA Complex in Dhaka on Tuesday with a proposed investment of US$ 10.32 million, creating employment opportunities for 3,158 Bangladeshi nationals.

Wing Tai Garments (Bangladesh) will produce a diverse range of apparel, including knitwear garments like ladies, kids & men's tops, t-shirts, trousers & shorts with an annual production target of 1.56 million pcs, alongside woven garments such as ladies, kids & men's jackets, pants & shorts, with an annual production target of 4.01 million pcs, said a press release.

Md Ashraful Kabir, Member (Investment Promotion) of BEPZA, and Li Qingqi, General Manager of Wing Tai Garments (Bangladesh) Company Limited, signed the agreement on behalf of their respective organisations at the BEPZA Complex in Dhaka on Tuesday.

BEPZA Executive Chairman Major General Mohammad Moazzem Hossain witnessed the signing ceremony.

The signing ceremony was attended by ANM Foyzul Haque, Member (Finance); Md Khorshid Alam, Executive Director (Enterprise Services); Samir Biswas, Executive Director (Admin); ASM Anwar Parvez, Executive Director (Public Relations), Md Fazlul Haque Mazumder, Executive Director (Investment Promotion-Addl. Charge); Company Adviser of Wing Tai Garments (Bangladesh) AZM Azizur Rahman along with senior officials of BEPZA and representatives from investing company.