Chinese Handa Industries Limited to invest $150m
Handa Industries Limited will invest in garments industry and textile sectors as well as promote investment activates in Bangladesh (the Projects)
Handa Industries Limited, a renowned china-based apparel manufacturing company for the production of superior-quality knitted textiles, dyeing processes, and apparel on a global scale, will invest US150 million in Bangladesh.
They will invest $100 million in textile and dying sectors under economic zone and $50 million in garments industry under export processing zone.
To this end, Chowdhury Ashik Mahmud Bin Harun, executive chairman of BIDA and Heng Zeli, chairman of Handa (Dhaka) Textile Co. Ltd, inked a Memorandum of Understanding (MoU) on behalf of their respective sides at a hotel in the capital today (9 April 2025).
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Handa Industries Limited will invest in garments industry and textile sectors as well as promote investment activates in Bangladesh (the Projects).
Handa Industries Limited has expressed its interest, obtaining necessary approval and meeting regulatory requirements to make investments in the textile and garment sector with an aim to promote FDI and enhance bilateral economic relationship between the two brotherly countries.
Handa Industries Co., LTD. (Handa Industries for short) is a wholly-owned limited liability company based in China, committed to the full industrial chain of textile and apparel, created a one-stop service of high-end fabric and garment production.
Over the years, adhering to the enterprise spirit of "innovation, integrity, honesty, customer first", after nearly 30 years of hard work and precipitation, in the continuous innovation and layout, Handa has transformed from a small and medium-sized enterprise to a strong enterprise with a complete industrial chain, operating marketing centers and production bases in China, Japan, the United States, Southeast Asia, Africa and other places with more than 10,000 employees and an annual turnover of more than $300 million.
Handa Industries was established in 1995 and has multiple subsidiaries under its umbrella deep in research and development of weft knitted fabrics, dyeing and finishing of knitting, garment design and production, continuously creating value for our customers and the community.
