Huarun Tex Co Ltd, a Chinese company, will invest $30 million to build a textile manufacturing plant at the Bangladesh Export Processing Zones Authority (Bepza) Economic Zone in Mirsharai, Chattogram.

The factory will be built on a 36,000-square-metre site

The company will produce a wide range of items, including steel, aluminium and iron frames, fibreglass poles, tents and sleeping bags

The deals have the potential to generate 59,408 jobs

Today, Chinese firm Qingdao Dongfang agreed to invest $4.5 million in Ishwardi EPZ

The company will establish a battery plate manufacturing industry

The company will annually produce 70 million pieces of pullers of zippers

The company will produce 8,000 tonnes of printed materials and packaging products every year

The company will invest $108.99 million for a woven and knit garments factory

The company will produce annually 271 million pieces of zipper and accessories

Vernon & Oliver Furniture Company will produce spring mattress, foam mattress

The India-Germany joint venture will produce RMG accessories

Red Forest will produce 4.09 million pieces of wigs and carnival costume

Dongwoo BD Ltd will produce PU synthetic leather

The company will produce different types of cotton product

The company will produce 13,050 tonnes of cashew nut kernel, cashew nut shell liquid

Join Win (Bangladesh) Company Ltd will produce shoe accessories

Bangladesh’s export processing zones (EPZs) passed a spectacular period last fiscal year. 

Bangladesh Export Processing Zones Authority (Bepza) has paid arrears of Tk 18.11 crore of the workers of A-One (BD) Ltd, a closed factory of Dhaka EPZ (DEPZ).