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Bitopi Group to invest US$ 9.58M in RMG plant at DEPZ

ienet

M/s. Sonar Manufacturing Limited, a sister concern of Bitopi Group, is going to establish a Readymade Garments industry in Dhaka Export Processing Zone (DEPZ) with an investment of US$ 9.58 million.

This fully Bangladeshi owned company will produce 2.93 million pcs of woven and knit (Jacket, Bottom) garments per annum. 1551 Bangladeshi nationals will get employment opportunity in this factory.

Bangladesh Export Processing Zones Authority (BEPZA) and M/s. Sonar Manufacturing Limited signed an agreement to this effect today (28-03-2022) at BEPZA Complex, Dhaka. Member (Investment Promotion) of BEPZA Mr. Ali Reza Mazid and Managing Director of M/s. Sonar Manufacturing Limited Mr. Mishal Ali signed the agreement on behalf of their respective organizations.

Mentionable, three companies of Bitopi Group are operating their business in EPZs. World’s Top ranked Eco-friendly LEED Platinum Certified factory M/s. Remi Holdings Limited started its business at Adamjee EPZ in 2016. The other two companies of this group M/s. Baridhi Garments Limited in Cumilla EPZ and M/s. Croydon-Kowloon Designs Ltd. in Dhaka EPZ.are operating their business.

Among others, Executive Director (Administration) Md. Zakir Hossain Chowdhury, Executive Director (Public Relations) Nazma Binte Alamgir and Executive Director (Enterprise Services) Md. Khorshid Alam of BEPZA were present during this time