Home / Knowledge / News / Apparel/Garments / Moonstar Fashion to set up RMG factory in Mongla EPZ
Moonstar Fashion to set up RMG factory in Mongla EPZ
07
Mar '15
courtesy: BEPZA
courtesy: BEPZA
Bangladesh-based Moonstar Fashion will establish a readymade garment (RMG) factory in Mongla Export Processing Zone (EPZ).
 
According to an agreement signed between Bangladesh Export Processing Zones Authority (BEPZA) and Moonstar, the later will invest US$ 20.2 million to set up the RMG factory.
 
The new factory will have an annual capacity to produce 30.66 million pieces of underwear, 7.55 million pieces of Boxer shorts, 15.1 million pieces of intimate garments and 11.33 million pieces of swimming and active wear.
 
Once operational, the RMG factory will create employment opportunity for 2,832 Bangladeshi nationals.
 
The agreement was signed by Sayed Nurul Islam, member (Investment Promotion) of BEPZA and SM Amzad Hossain, managing director of Moonstar Fashion, in the presence of several other dignitaries at BEXPA complex this week.
 

Fibre2fashion News Desk - India


Must ReadView All

May 31 deadline for registration of chemicals under REACH

Textiles | On 23rd May 2018

May 31 deadline for registration of chemicals under REACH

May 31 is the final deadline for companies to register all chemicals...

US cotton production projected to decline in 2018: USDA

Textiles | On 23rd May 2018

US cotton production projected to decline in 2018: USDA

US cotton production is forecast at 19.5 million bales, nearly 7 per...

Pakistan's textile exports up 8.13% in July-April FY18

Textiles | On 23rd May 2018

Pakistan's textile exports up 8.13% in July-April FY18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search