Bitopi Group to invest $9.58m in Dhaka EPZ

Sonar Manufacturing Limited, a sister concern of Bitopi Group, is going to establish a garment industry in the Dhaka Export Processing Zone (DEPZ) with an investment of $9.58 million.
The fully Bangladeshi owned company will produce 2.93 million pieces of woven and knit garments items (jackets and bottoms) each year.
Some 1,551 Bangladeshi nationals will get employment opportunities at the factory, the Bangladesh Export Processing Zones Authority (Bepza) said in a statement yesterday.
Ali Reza Mazid, member for investment promotion of Bepza, and Mishal Ali, managing director of Sonar Manufacturing Ltd, signed an agreement in this regard at Bepza Complex in Dhaka yesterday.
Three companies of Bitopi Group are operating their businesses in export processing zones.
The world's top ranked eco-friendly, LEED Platinum certified factory Remi Holdings Ltd started its business in the Adamjee EPZ in 2016.
The two other companies of this group -- Baridhi Garments Ltd in Cumilla EPZ and Croydon-Kowloon Designs Ltd in Dhaka EPZ -- are operating their businesses as well.
Among others, Bepza's Executive Director for Administration Md Zakir Hossain Chowdhury, Executive Director for Public Relations Nazma Binte Alamgir and Executive Director for Enterprise Services Md Khorshid Alam were present.
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