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Xihe Textile Technology Bangladesh to set up factory in Mongla
06 Apr '22
1 min read
Pic: Shutterstock
China-owned company Xihe Textile Technology Bangladesh Limited will establish a garment manufacturing industry at Mongla Export Processing Zone (EPZ) with an investment of $12.89 million. Around 3,000 people will get employed at the unit, which will manufacture 5 million pieces of woven garments and 2.3 million pieces of knit garments annually.
An agreement regarding this was signed between the Bangladesh Export Processing Zones Authority (BEPZA) and the company in Dhaka recently, according to Bangladeshi media reports.
BEPZA member (investment promotion) Ali Reza Mazid and company managing director Yang Jilai signed the agreement.
The same group owns another readymade garments factory, Garments Manufacture JINLITE Bangladesh, in Mongla EPZ.
Fibre2Fashion News Desk (DS)
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