Home / Knowledge / News / Apparel/Garments / Bangladesh's largest RMG park to come up in Gazaria
Bangladesh's largest RMG park to come up in Gazaria
04
Jun '15
Munshiganj (marked red)/C: Wikimedia
Munshiganj (marked red)/C: Wikimedia
Bangladesh’s largest readymade garment (RMG) industrial park will be set up at Gazaria in Munshiganj district at a cost of $2.3 billion within the next three years, the country’s media has reported.

Commerce minister Tofail Ahmed made the announcement after a meeting with the representatives of Bangladesh garment manufacturers and exporters association (BGMEA) and Oriental international holding company president Tang Xiaojie in Dhaka earlier this week.

After a five-month study, the Orient international holding company, a Chinese firm, has placed its feasibility study report on the proposed industrial park.

“A Memorandum of Understanding (MoU) will be signed soon between the BGMEA and China’s Orient International to implement the project,” said Ahmed.

“The industrial park will be able to employ over 2.5 lakh workers while the country will be able to export $4bn of products,” he said. (SH)

Fibre2fashion News Desk – India

Must ReadView All

Textiles | On 6th Dec 2016

Garments, yarn export entitlement quota extended for 1 yr

Indian government has extended the export entitlement quota for...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search