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SUNDAY, MAY 11, 2025
Chinese company to invest US$ 12.25 million in Mongla EPZ

Corporates

Press Release
17 March, 2025, 05:25 pm
Last modified: 17 March, 2025, 05:25 pm

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Chinese company to invest US$ 12.25 million in Mongla EPZ

Press Release
17 March, 2025, 05:25 pm
Last modified: 17 March, 2025, 05:25 pm
Chinese company to invest US$ 12.25 million in Mongla EPZ

Safety Garments Bangladesh Co. Ltd., a Chinese company, is set to invest US$ 12.25 million in the Mongla Export Processing Zone (Mongla EPZ) to establish a high-end garments manufacturing industry.

The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company on March 17, 2025, at the BEPZA Complex in Dhaka.

BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, BSP, NDCC, PSC, witnessed the signing ceremony—member (Engineering & Investment Promotion—Additional Charge) of BEPZA, Mr Md. Imtiaz Hossain and Managing Director of Safety Garments Bangladesh Co. Ltd., Ms Shi Yan, signed the agreement on behalf of their respective organisations.

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The Chinese company plans to produce Reflective Jackets, Vests, T-shirts, Fleece Jackets, Coveralls, and Safety Helmets, creating employment opportunities for 1616 Bangladeshi nationals.

BEPZA Executive Chairman thanked Safety Garments Bangladesh Company for choosing Bangladesh, especially Mongla EPZ, as their investment destination. This highlights BEPZA's commitment to providing investors with a secure and supportive environment. He expects the company to prioritise environmental protection while successfully operating its EPZ business.

Senior BEPZA officials attended the signing ceremony, including Member (Finance) A N M Foyzul Haque, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Admin) Md. Tazim-Ur-Rahman, and representatives from Safety Garments Bangladesh Co. Ltd.

Mongla EPZ / TBS / Corporate

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