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Chinese company Longteng Garment Co. Ltd. is set to invest US$ 17 million to establish a ready-made garment (RMG) industry at Mongla Export Processing Zone (MEPZ).
To this end, the Bangladesh Export Processing Zones Authority (BEPZA) signed a land lease agreement with the company today at the BEPZA Complex in the city, said a press release.
Md. Tanvir Hossain, Member (Investment Promotion) of BEPZA and Lin Qiangqiang, Chairman of Longteng Garment Co. Ltd., signed the agreement on behalf of their respective organisations.
BEPZA Executive Chairman Major General Mohammad Moazzem Hossain along with senior BEPZA officials, witnessed the signing ceremony.
The company will establish its factory on 16,426.37 square metres of land, with an annual production capacity of 6 million pieces of underwear and bras.
The products are intended for international brands such as Aerie, Calvin Klein, Zara, Florence & Fred (Tesco), ASOS and Primark, with major buyers including H&M, Walmart, Marks & Spencer (M&S) and Gap.
The company plans to export its products to major markets worldwide, including the United States, the United Kingdom, Europe, Algeria, Brazil, Australia, Chile, Mexico, Iraq, Japan and Canada. The project is expected to create employment opportunities for 3,005 Bangladeshi nationals.
Welcoming the investor, BEPZA Executive Chairman Major General Mohammad Moazzem Hossain expressed his appreciation to Longteng Garment Co. Ltd. for placing its confidence in BEPZA and Bangladesh as an investment destination.
He assured the company of BEPZA's necessary support and cooperation to facilitate the establishment and smooth operation of its business.
The signing ceremony was attended by Abdullah Al Mamun, Member (Engineering); Samir Biswas, Executive Director (Administration); A.S.M. Anwar Parvez, Executive Director (Public Relations); Moshiuddin Bin Mesbah, ED (Enterprise Services); Fazlul Haque Mazumder, Additional Executive Director (Investment Promotion); and other senior BEPZA officials, along with representatives of Longteng Garment Co. Ltd.
As of September 2026, 39 enterprises were operating in Mongla EPZ, while another 10 were in the implementation stage. The zone has recorded cumulative exports of US$ 1700 million and total investment of US$ 271.74 million, generating employment for 16,212 Bangladeshi nationals.
