As per the agreement, Deshbandhu will invest $53.77 million or Tk 435 crore to set up the factory in Uttara EPZ, managed by BEPZA.
The factory will have capacity to produce 27.6 million pieces of denim and woven trousers per annum. It will employ more than 3,700 persons, according to a BEPZA statement.
The agreement was signed by Sarwar Jahan Talukder, an adviser to Deshbandhu Textile Mills, and Zillur Rahman, member of the BEPZA, in presence of Deshandhu Group chairman Golam Mostafa at the BEPZA office in Dhaka.
Deshbandhu Textile Mills has a 100% export-oriented unit at Kumajpur, Nalka in Sirajganj, about 150 km from Dhaka. (RKS)
Fibre2Fashion News Desk – India
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