Kaixi Fashion Bangladesh Co Ltd, a Chinese company, is going to establish a lingerie manufacturing industry in Dhaka Export Processing Zone with an investment of $6 million.
It will produce annually 24 million pieces of ladies' innerwear, while creating employment opportunity for 2,031 Bangladeshis, said a press release.
Member (Engineering & Investment Promotion-additional charge) of Bangladesh Export Processing Zones Authority (Bepza) Mohammad Faruque Alam and Managing Director of Kaixi Fashion Bangladesh Co Ltd Xiao Hongxi, signed the lease agreement on behalf of their respective organizations.
Bepza Executive Chairman Maj Gen Nazrul Islam was also present at the signing ceremony.
Among others, Member (Finance) Nafisa Banu, General Manager (Public Relations) Nazma Binte Alamgir, General Manager (Investment Promotion) Md. Tanvir Hossain, General Manager (Enterprise Services) Md. Khorshid Alam of BEPZA and General Manager (Dhaka EPZ) Md. Abdus Sobhan were present at the signing ceremony.
