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Chinese Firm to Invest $12.25M in Mongla EPZ Garment Industry
Safety Garments Bangladesh Co. Ltd., a Chinese company, will invest US$ 12.25 million in the Mongla Export Processing Zone (Mongla EPZ) to establish a high-end garment manufacturing facility.
The Bangladesh Export Processing Zones Authority (BEPZA) and the company signed an agreement on Monday at the BEPZA Complex in Dhaka. The ceremony was attended by BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, who expressed his gratitude to Safety Garments Bangladesh Co. Ltd. for choosing Bangladesh, particularly Mongla EPZ, for their investment.
The agreement was signed by Md. Imtiaz Hossain, BEPZA Member (Engineering & Investment Promotion – Additional Charge), and Shi Yan, Managing Director of Safety Garments Bangladesh Co. Ltd.
The new facility will produce a range of safety apparel, including reflective jackets, vests, T-shirts, fleece jackets, coveralls, and safety helmets. The project will create job opportunities for 1,616 Bangladeshi workers.
BEPZA's Executive Chairman emphasized the authority’s commitment to providing a secure and supportive environment for investors, further strengthening the country's industrial landscape.