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Bangladeshi company trendy textiles limited will invest USD $39 million to establish a knit composite textile industry in Dhaka EPZ.
The company will produce annually 15 million pieces of T-Shirt, Tank-Top, Polo-Shirt, Sweatshirt, Cotton-CVC Fleece jackets, Trousers, Hoody jackets, Fancy Ladies-Children Wear, and sportswear.
The company has signed an agreement to reopen a closed factory of Dhaka EPZ.
Read: BEPZA EZ gets $28m more in investment
The trendy textiles will create jobs opportunity for 2993 Bangladeshi nationals.
Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Nafees Muntasir Khan, Managing Director of Trendy Textiles Limited signed an agreement to this effect on behalf of their respective organizations on Tuesday.
BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, witnessed the agreement signing ceremony.
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Members (Engineering) Mohammad Faruque Alam, Nafisa Banu (Finance) executive directors Nazma Binte Alamgir, Md. Tanvir Hossain and Md. Khorshid Alam, among other, were present at the function.