Home / Knowledge / News / Apparel/Garments / HK's Must Group to set up RMG plant in B'desh
HK's Must Group to set up RMG plant in B'desh
08
Mar '16
Hong Kong-based Must Group has signed an agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to set up a garment industry in Bangladesh's Ishwardi Export Processing Zone.

This company which will produce the garments will be known as M/s Hoi Bun Fashions Ltd. It will be the 4th industrial unit in EPZs under Must Group and is a sister concern of Lenny Fashion Ltd. of Dhaka EPZ, the BEPZA said.

Hoi Bun Fashions Ltd will invest $30 million for setting up the plant with annual production capacity of 10.4 million pieces different types of garments. Hoi Bun Fashions will create employment opportunity for 3755 Bangladeshi nationals, the BEPZA said. (SH)

Fibre2Fashion News Desk – India

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search