Chinese company, Bangladesh BaoRui Textile plans to set up a composite textile manufacturing facility in the Mongla Export Processing Zone (EPZ) with an investment of $19.53 million. To generate approximately 1,505 jobs for local Bangladeshi workers, the project aims to produce 10 million pounds of raw yarn, 6 million pounds of knitted fabric, and 1 million garment pieces annually.
Huang Hua, Managing Director, Bangladesh BaoRui Textile signed the investment agreement with Md Ashraful Kabir, Member-Investment Promotion Team, Bangladesh Export Processing Zones Authority (Bepza), during a ceremony held at the Bepza Complex in Dhaka.
Expressing an optimistic view of the project, Major General Abul Kalam Mohammad Ziaur Rahman, Executive Chairman, Bepza, highlighted Bepza’s dedication to creating a secure and supportive environment for investors.
