Business

Chinese firm Safety Garments to invest $12.25m in Mongla EPZ

Safety Garments Bangladesh Co Ltd, a Chinese company, is set to invest $12.25 million in the Mongla Export Processing Zone (Mongla EPZ) to establish a high-end garments manufacturing industry.

The company plans to produce reflective jackets, vests, t-shirts, fleece jackets, coveralls, and safety helmets, creating employment opportunities for 1,616 Bangladeshi nationals, the Bangladesh Export Processing Zones Authority (Bepza) said in a statement yesterday.

Md Imtiaz Hossain, member (engineering and investment promotion, additional charge) of Bepza, signed an agreement in this regard with Shi Yan, managing director of Safety Garments Bangladesh Co Ltd, at the Bepza Complex in Dhaka yesterday.

Major General Abul Kalam Mohammad Ziaur Rahman, Bepza's executive chairman, attended the signing ceremony and thanked Safety Garments for choosing Bangladesh, particularly Mongla EPZ, as their investment destination.

He also highlighted Bepza's commitment to providing a secure and supportive environment for investors.

Rahman expressed hope that the company would prioritise environmental protection while operating its business successfully in the export processing zone.

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Chinese firm Safety Garments to invest $12.25m in Mongla EPZ

Safety Garments Bangladesh Co Ltd, a Chinese company, is set to invest $12.25 million in the Mongla Export Processing Zone (Mongla EPZ) to establish a high-end garments manufacturing industry.

The company plans to produce reflective jackets, vests, t-shirts, fleece jackets, coveralls, and safety helmets, creating employment opportunities for 1,616 Bangladeshi nationals, the Bangladesh Export Processing Zones Authority (Bepza) said in a statement yesterday.

Md Imtiaz Hossain, member (engineering and investment promotion, additional charge) of Bepza, signed an agreement in this regard with Shi Yan, managing director of Safety Garments Bangladesh Co Ltd, at the Bepza Complex in Dhaka yesterday.

Major General Abul Kalam Mohammad Ziaur Rahman, Bepza's executive chairman, attended the signing ceremony and thanked Safety Garments for choosing Bangladesh, particularly Mongla EPZ, as their investment destination.

He also highlighted Bepza's commitment to providing a secure and supportive environment for investors.

Rahman expressed hope that the company would prioritise environmental protection while operating its business successfully in the export processing zone.

Comments

কুয়েটের ৩৭ শিক্ষার্থী সাময়িক বহিষ্কার, ক্যাম্পাস খুলবে ২ মে

খুলনা প্রকৌশল ও প্রযুক্তি বিশ্ববিদ্যালয়ে (কুয়েট) গত ১৮ ও ১৯ ফেব্রুয়ারির সংঘর্ষে জড়িত থাকার অভিযোগে ৩৭ শিক্ষার্থীকে সাময়িকভাবে বহিষ্কার করেছে কর্তৃপক্ষ।

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