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Chinese company to invest $ 6m in Dhaka EPZ

M/s Kaixi Fashion Bangladesh Co. Ltd, a renowned Chinese company, is going to establish a Lingerie manufacturing industry in Dhaka Export Processing Zone with an investment of US$ 6 million. It will produce annually 24 million pieces of ladies undergarments with creating employment opportunity for 2031 Bangladeshi nationals, said press release.

The Executive Chairman of BEPZA Major General Md Nazrul Islam, witnessed a signing ceremony between Bangladesh Export Processing Zones Authority (BEPZA) and M/s Kaixi Fashion Bangladesh Co. Ltd. at BEPZA Complex on Monday. Member (Engineering & Investment Promotion-additional charge) of BEPZA Mohammad Faruque Alam and Managing Director of Kaixi Fashion Bangladesh,  Xiao Hongxi signed the lease agreement on behalf of their respective organisations.

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.

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