A China (Hong Kong)-based apparel manufacturer, Flourish Garments Bangladesh Co., Ltd., is set to invest $15.34 million to establish a high-end garment manufacturing facility at the BEPZA Economic Zone in Mirsharai, Chattogram.
The investment agreement was signed on Sunday at the BEPZA Complex in Dhaka between the Bangladesh Export Processing Zones Authority (BEPZA) and Flourish Garments Bangladesh Co., Ltd.
Md Tanvir Hossain, Executive Director (Investment Promotion) of BEPZA, and Han Junxiao, Managing Director of Flourish Garments Bangladesh Co., Ltd., signed the agreement on behalf of their respective organizations.
The signing ceremony was witnessed by BEPZA Executive Chairman Major General Mohammad Moazzem Hossain, according to an official press release.
Under the project, the company plans to manufacture approximately 4 million pieces of garments annually. The product range will include items such as fleece jackets, soft-shell jackets, down jackets, cotton coats, leather jackets, T-shirts, polo shirts, shorts, parkas, long pants, ski suits, windproof jackets, hiking and fishing suits, yoga and running wear, jeans, knitted shorts, faux leather garments, velvet clothing, golf apparel and casual skirts.
The project is also expected to generate employment opportunities for nearly 1,988 Bangladeshi workers, contributing to the country’s growing export-oriented apparel sector.
Source: BEPZA / Bangladesh economic reports
