Bangladeshi Lingerie Company to Invest US$ 25 M in Chattogram EPZ
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Z&Z Lingerie Limited, a Bangladeshi company, is going to establish an intimate
garments manufacturing industry in Chattogram Export Processing Zone with an investment of
US$ 25 million.
The company will
produce annually 43 million pcs of different kinds of lingerie like Bra, Panty,
Legging etc. and Sportsware. M/s Z&Z Lingerie will
create employment opportunity for 4736 Bangladeshi nationals. Mentionable, this
is the sixth industry in EPZ under the same owner.
An
agreement to this effect signed between Bangladesh Export Processing Zones
Authority (BEPZA) and M/s.
Z&Z Lingerie Ltd.
at BEPZA Complex, Dhaka today (15/10/2020). Md.
Mahmudul Hossain Khan, Member (Investment
Promotion) of BEPZA and Sharif Zahir, Managing Director of Z&Z Lingerie signed
the agreement on behalf of their respective organizations. The Executive Chairman of BEPZA Major General S M
Salahuddin Islam, BP, SPP, ndc, psc witnessed the signing ceremony.
Among others, Member
(Engineering) of
BEPZA Mohammad Faruque Alam, Member (Finance) Nafisa
Banu, Secretary Md. Nabirul Islam, General Manager (Public Relations) Nazma
Binte Alamgir, General Manager (Investment Promotion) Md. Tanvir Hossain were
present at the signing ceremony.