Chinese zipper manufacturer SBS Zipper Bangladesh Co plans to establish a garment accessories manufacturing facility in Bangladesh Export Processing Zone Authority Economic Zone (BEPZA EZ).
To be set up with an investment of $19.97 million, the new facility promises substantial economic benefits, with plans to produce 271 million pieces annually, including a range of products such as metal zippers, nylon and plastic zippers, as well as various zipper parts and buttons. This venture is set to generate employment opportunities for over 2,063 Bangladeshis, BEPZA said in a press release.
The signing ceremony was attended by notable figures including Major General Abul Kalam Mohammad Ziaur Rahman, Executive Chairman, BEPZA and Weifang Shen, CEO, SBS Zipper Bangladesh. Ali Reza Mazid, BEPZA Member for Investment Promotion, also played a pivotal role in the proceedings.
Expressing his gratitude, Major General Rahman thanked SBS Zipper Bangladesh for their decision to invest in the BEPZA EZ and assured full support from BEPZA to facilitate smooth operations and export activities.
Mohammad Faruque Alam, Member (Engineering); Md Ashraful Kabir, Member (Finance); A N M Foyzul Haque, Executive Director (Admin), Md Tanvir Hossain, Executive Director, (Investment Promotion), Md Khorshid Alam, Executive Director (Enterprise Services); ASM Anwar Parvez, Executive Director (Public Relations) were present during the signing ceremony.
