BEPZA signs $51.82-mn deal with Taiwanese shoe firm

02 Jan '20
1 min read
Pic: Shutterstock
Pic: Shutterstock

The Bangladesh Export Processing Zones Authority (BEPZA) recently signed a $51.82-million investment agreement with Golden Chang Shoes (BD) Ltd., a concern of Golden Chang Group of Taiwan. The company will set up a factory in Cumilla export processing zone for producing 3.5 million pairs of shoes every year for Caterpillar, Timberland and Dr. Martens (UK) brands.

This fully foreign owned company will produce 3.5 million pairs of shoes per annum for world famous brand Caterpillar, Timberland and Dr. Martens (UK). Golden Chang Shoes will generate employment opportunity for 6,171 Bangladeshi nationals, BEPZA said on its website.

Fibre2Fashion News Desk (DS)

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