Chinese company SSH (BD) Sustainable Fashion Co Ltd has signed an agreement with the Bangladesh Export Processing Zones Authority (Bepza) to invest $24.05 million to set up a high-end garment factory in Bepza Economic Zone.
Ali Reza Mazid, member (investment promotion) of the Bepza, and Sun Ge, managing director of SSH (BD) Sustainable Fashion Co Ltd, inked the deal at the Bepza Complex in Dhaka yesterday, said a press release.
The investment will create employment opportunities for 2,062 Bangladeshi nationals.
The company will annually produce 36 million pieces of different types of high-end garment products, including jackets, blazers, coats, suits, pants, trousers, shirts, shorts, underwear, jersey, t-shirt, knit-bottom, baby bumper, swimsuits, sheath dresses, hoodie and uniform.
Major General Abul Kalam Mohammad Ziaur Rahman, Executive Chairman of the Bepza, Mohammad Faruque Alam, Member (Engineering), Nafisa Banu, Member (Finance), Nazma Binte Alamgir, Executive Director (Public Relations), Md Tanvir Hossain, Executive Director (Investment Promotion), and Md Khorshid Alam, Executive Director (Enterprise Services), were present.