Unifa Accessories to invest $48.6m in BEPZA Zone

Bag and fashion accessories manufacturing unit to be set up

FE Team | Published: July 10, 2025 23:16:27

Unifa Accessories (BD) Co. Ltd., a China-British Virgin Islands-owned company, is set to invest US$ 48.66 million to establish a bag and fashion accessories manufacturing industry in the BEPZA Economic Zone (BEPZA EZ) in Mirsharai, Chattogram.
An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and Unifa Accessories (BD) Co. Ltd. at the BEPZA Complex in Dhaka on Thursday, reports UNB.
Md. Ashraful Kabir, member (Investment Promotion), BEPZA, and Qian Danchu, chairman of Unifa Accessories (BD), signed the agreement in the presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman.
The foreign-owned company will annually produce 28 million pieces of various fashion products, including bags, belts, caps, hats, scarves, mufflers, eyewear, and eyeglass frames. This project is expected to generate employment for 2,830 Bangladeshi nationals.
The BEPZA executive chairman welcomed Unifa's investment in Bangladesh, particularly in the BEPZA EZ.
He assured the company of BEPZA's full cooperation to ensure smooth business operations.
He expressed confidence that this Foreign Direct Investment (FDI) would make a significant contribution to the country's socio-economic development, according to a press release.