Unifa Accessories to invest $48.66 million in BEPZA economic zone

Unifa Accessories (BD) Co. Ltd., a China–British Virgin Islands owned company, is set to invest US$ 48.66 million to establish a manufacturing facility for bags and fashion accessories in the BEPZA Economic Zone located in Mirsharai, Chattogram.

The agreement was signed on 10 July 2025 at the BEPZA Complex in Dhaka between the Bangladesh Export Processing Zones Authority (BEPZA) and Unifa Accessories (BD) Co. Ltd. The signing ceremony was held in the presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, BSP, ndc, psc. The agreement was signed by Mr Md Ashraful Kabir, Member (Investment Promotion) of BEPZA, and Mr Qian Danchu, Chairman of Unifa Accessories (BD), representing the company.

Unifa Accessories plans to produce 28 million pieces annually, including bags, belts, caps, hats, scarves, mufflers, eyewear, and eyeglass frames. The project is expected to create employment opportunities for 2,830 Bangladeshi nationals.

BEPZA Executive Chairman warmly welcomed the investment, assuring Unifa Accessories of full support to facilitate smooth operations. He expressed confidence that this foreign direct investment will contribute significantly to Bangladesh's socio-economic development.

The event was attended by senior BEPZA officials, including Member (Engineering) Md Imtiaz Hossain, Member (Finance) A N M Foyzul Haque, Executive Director (Investment Promotion) Md Tanvir Hossain, Executive Director (Enterprise Services) Md Khorshid Alam, Executive Director (Public Relations) A.S.M Anwar Parvez, along with representatives from Unifa Accessories (BD).

BEPZA Economic Zone remains BEPZA's largest venture, with 42 companies having signed agreements to date, proposing a total investment of US$ 942.15 million. Among these, four companies have already commenced commercial operations.