Home / Knowledge / News / Largest shoe production plant taking shape at KEPZ
Largest shoe production plant taking shape at KEPZ
28
Apr '10
A $110 million shoe factory is being established at the Karnaphuli Export Processing Zone (KEPZ). Korea-based Youngone Group is setting up Karnaphuli Shoe Industries Ltd, considered to be one of Bangladesh's biggest shoe production companies and will have a production capacity of 30 million pairs per month.

Lt Col (retd) Md Shahjahan, General Manager of KEPZ Corporation (BD) Ltd, another company of Youngone Group, said that with the commencement of the shoe factory, employment opportunities for over 32,000 people will be generated in 72 different production lines.

The factory is being developed by the Karnaphuli Shoe Industries with an aim to encourage prospective entrepreneurs to join the sector, so that they can avoid facing the initial setbacks while developing their own factory, at the newly developed EPZ site, he said.

So as to develop the EPZ on the banks of river Karnaphuli in Anowara Upazila, around 2,700 acres of land was assigned to the company in the year 2000, by publishing a notification in the official gazette.

Shahjahan said that, while 75 percent of the land was under government possession, the remaining 25 percent was yet to be acquired from private owners. So, as of now, only 2,492 acres of land has been assigned to KEPZ from a total of 2,700 acres.

It intends to utilize around 1,200 acres of land for setting up the industrial units in separate blocks of different industries, while the remaining land will be left untouched.

He also said that, by now, almost 20-21 kilometres of roadways has been created to ensure better connectivity of the entire project site with its surrounding areas.

Shahjahan concluded by saying that, an approximate budget of $200 million has been set aside for developing infrastructural facilities; this is excluding the utility services. Also, currently, about 600 workers are working on the site.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Rahuul Jashnani
Jashn

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Lynda Kelly
Suominen Corporation

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Igor Chapurin
Chapurin

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search