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Chinese co to invest $10.73m in BEPZA EZ

May 26, 2023 00:00:00

Chinese factory Join Win (Bangladesh) Com-pany Limited is going to set up a shoe accessories manufacturing industry in BEPZA Economic Zone (EZ) with an investment of US$ 10.73 million, reports BSS.

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

Ali Reza Mazid, member (Investment Promotion) of BEPZA and Xu Tiehui, managing director of Join Win (Bangladesh) Company Limited signed the agreement on behalf of their respective organisations.

The Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman witnessed the signing ceremony.

This fully modern automated factory will produce annually 7.0 million pairs of shoe accessories items like PU Insole, PU Midsole, PU Outsole, TPU Outsole, Rubber Outsole and Open Cell PU Insole.

Join Win (Bangladesh) company will manufacture shoe accessories items for prominent brand shoes like Nike, Adidas, Puma, Caterpillar etc. They will create employment opportunities for 900 Bangladeshi nationals.

The company has been running their business for 30 years in this sector. They have six factories in different countries which are producing world famous brand shoes.

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