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HomeNews & ViewsBusiness FocusBitopi Group to invest $9.58m in RMG Industry at DEPZ

Bitopi Group to invest $9.58m in RMG Industry at DEPZ

Desk Report: M/s. Sonar Manufacturing Limited, a sister concern of Bitopi Group, is going to establish a RMG industry in Dhaka EPZ with an investment of US$ 9.58 million. This fully Bangladeshi owned company will produce 2.93 million pcs of woven and knit garments per annum. Aroiund 1551 Bangladeshi nationals will get employment opportunity in this factory. Three companies of Bitopi Group are operating their business in EPZs, the release added.

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World’s top ranked eco-friendly LEED Platinum Certified factory Remi Holdings Ltd started its business at Adamjee EPZ in 2016. The other two companies of this group Baridhi Garments Ltd in Cumilla EPZ and Croydon-Kowloon Designs Ltd in Dhaka EPZ are operating their businesses.

Bangladeshi nationals will get employment opportunity. BEPZA and Sonar Manufacturing Ltd. signed an agreement to this effect  on 28 March at BEPZA Complex, Dhaka. Member (IP) of BEPZA Mr. Ali Reza Mazid and MD of Sonar Manufacturing Ltd. Mr. Mishal Ali signed the agreement on behalf of their respective organizations. Among others, Executive Director (Administration) Md. Zakir Hossain Chowdhury, Executive Director (PR) Nazma Binte Alamgir and Executive Director (ES) Md. Khorshid Alam of BEPZA were present during this time.

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