M/s. Pacific Denimwear Limited, a sister concern of Pacific Jeans Group, is going to invest US$ 54.55 million to set up a Readymade Garments (RMG) manufacturing industry in Adamjee EPZ.
This will be the 9th venture of Pacific Jeans Group in EPZs under BEPZA, said a press release.
At present, 8 enterprises of this group are successfully operating their business in Chattogram EPZ. The Pacific Denimwear Limited will be the first enterprise of this group to operate outside the Chattogram EPZ.
BEPZA recently signed an agreement with Pacific Denimwear Limited in this regard at BEPZA Complex in the city.
Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Syed Mohammed Tanvir, Managing Director of Pacific Denimwear Limited inked the agreement on behalf of their respective organizations.
The Executive Chairman of BEPZA Major General AbulKalam Mohammad ZiaurRahman witnessed the signing ceremony.
This local owned company will produce annually 12.5 million pieces of Ladies Top, 12.5 million pieces of Men’s/Women’s Formal & Casual Wear and 3.1 million pieces of Boys’/Girls’ Casual Wear. The company will create employment opportunity for 7,970 Bangladeshi nationals.
Among others, Member (Engineering) Mohammad FaruqueAlam, Executive Director (Administration) A N M FoyzulHaque, Executive Director (Investment Promotion) Md. TanvirHossain, Executive Director (Enterprise Services) Md. KhorshidAlam and Executive Director (Public Relations) A.S.M. Anwar Parvez along with representative of the enterprise were present during the signing ceremony.
Pacific Jeans Group has flourished as a world-class premium jeans manufacturer since its inception in 1984. We’ve evolved through nurturing innovation and sustainability at the heart of every operation. Today, Pacific Jeans redefining the world of denim, leading the transformation in the industry through contributing to creating a responsible apparel supply chain a for sustainable future. Pacific Jeans has become a trusted partner of many world’s biggest fashion brands by exporting to over 50 countries.
