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Flourish Garments Bangladesh Co. Ltd., a China
(Hong Kong)-based company, is set to invest US$ 15.34 million to establish a
high-end garments manufacturing industry at the BEPZA Economic Zone (BEPZA
EZ) located in Mirsharai, Chattogram.
An agreement to this effect was signed today at the BEPZA Complex, Dhaka,
between the Bangladesh Export Processing Zones Authority (BEPZA) and Flourish
Garments Bangladesh Co. Ltd.
Md. Tanvir Hossain, executive director (Investment Promotion) of BEPZA, and
Han Junxiao, managing director of Flourish Garments Bangladesh Co., Ltd,
signed the agreement on behalf of their respective sides.
BEPZA Executive Chairman Major General Mohammad Moazzem Hossain, witnessed
the signing ceremony, said a press release here today.
The company will produce annually 4 million pieces of fleece jacket, soft-
shell jacket, down jacket, cotton coat, leather jacket, underwear, T-shirt,
polo shirt, shorts, parkas, coat, long pant, ski suit, ski pant, windproof
jacket, fishing suit, hiking suit, yoga suit, running suit, jeans, knitted
shorts, faux leather clothing, deer skin velvet clothing, golf clothing,
casual skirt. The project is expected to create employment opportunities for
some 1,988 Bangladeshi nationals.
Speaking at the signing ceremony, BEPZA Executive Chairman warmly welcomed
Flourish Garments Bangladesh Co. Ltd. as a valued member of the BEPZA family
and assured the company of BEPZA's full support to ensure smooth and
successful business operations in the zone. He noted that BEPZA continues to
expand its facilities and develop new zones to accommodate growing investor
interest and further strengthen Bangladesh's export-oriented industrial base.
The Executive Chairman also urged the newly-joined investor to encourage and
attract more high-quality and responsible investors to BEPZA zones,
contributing to sustainable industrial growth and export diversification of
Bangladesh.
The ceremony was attended, among others, by Abdullah Al Mamun, member
(Engineering); A N M Foyzul Haque, member (Finance); Samir Biswas, executive
director (Administration); ASM Anwar Parvez, executive director (Public
Relations) along with other senior officials of BEPZA and representatives of
the company.
