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.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 #
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
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