Chinese investor Kaixi Group has reaffirmed its confidence in the services and facilities of the BEPZA Economic Zone (BEPZA EZ) by signing a new agreement today to invest an additional US$ 40.05 million in intimate garments (Lingerie) and related accessories manufacturing industry.
The expansion comes just 14 months after starting operations in BEPZA EZ, reflecting the company’s satisfaction with BEPZA’s support and infrastructure.
The new project, signed at BEPZA Complex in the presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, BSP, ndc, psc.
It will create jobs for 3,003 Bangladeshi nationals and produce millions of lingerie and bra components annually.
Kaixi, a pioneer investor of BEPZA EZ, credited BEPZA’s facilities and commitment as key reasons for its continued investment in Bangladesh.
