A Hong Kong-based company, Tianford Bangladesh Textile Co., Ltd., has signed a land lease agreement with the Bangladesh Export Processing Zones Authority (BEPZA) to establish a Ready-Made Garments (RMG) manufacturing facility at Uttara Export Processing Zone (EPZ).
The company will invest US$ 19.59 million in the project, which is expected to create employment opportunities for approximately 3,254 Bangladeshi nationals.
At the signing ceremony, BEPZA Executive Chairman Major General Mohammad Moazzem Hossain, ndc, afwc, psc, G, MPhil welcomed the investors and assured them of full cooperation to ensure smooth and successful operations.
BEPZA continues to attract foreign direct investment (FDI) to strengthen Bangladesh’s manufacturing and export-oriented industries. The latest investment further reinforces the country’s position as a competitive destination for global apparel and textile manufacturing.Industry insiders believe that such investments will enhance production capacity, generate employment, and contribute significantly to Bangladesh’s export earnings, particularly in the RMG sector.
