BEPZA, Chinese firm ink $40 mn deal to set up intimate apparel unit



Bangladesh Export Processing Zones Authority (BEPZA) and Kaixi Garments Bangladesh Ltd, a subsidiary of the Chinese investor Kaixi Group, have signed a $40.05 million agreement to establish a new intimate garments and accessories facility in the BEPZA Economic Zone (EZ) at the BEPZA Complex in Dhaka.

The project will manufacture 18 million pairs of lingerie and undergarments, alongside 20 million bra foams and cups annually, generating 3,003 local jobs, BEPZA said in a press release.

Bangladesh Export Processing Zones Authority (BEPZA) and Kaixi Garments Bangladesh Ltd have signed a $40.05 million deal to set up an intimate garment’s facility in BEPZA EZ, creating 3,003 jobs.
The group’s first project began in 2024, employing 3,700 workers.
BEPZA EZ has attracted over $1 billion in investments from 45 companies, with four in production.

Welcoming the expansion, BEPZA executive chairman Major General Abul Kalam Mohammad Ziaur Rahman said the decision to reinvest just over a year after starting operations reflects growing foreign investor confidence in the zone.

Chairman of Kaixi Garments Bangladesh Ltd Xiao Hongxi acknowledged ongoing challenges such as the absence of nearby worker housing but reiterated the group’s long-term commitment to Bangladesh.

Kaixi’s first BEPZA EZ venture, approved in November 2022 with a $60.85 million investment, began production in June 2024 and employs about 3,700 workers. With operations in Dhaka EPZ and BEPZA EZ, the group now supports around 6,000 jobs.

BEPAZA EZ, the authority’s largest initiative, has so far attracted over $1 billion in investments from 45 companies, with four already in commercial production, added the release.

Fibre2Fashion News Desk (SG)




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