Textile & Apparel
Textiles
Chinese company to invest $19.53 mn in Bangladesh's Mongla EPZ
Dec 04, 2024
Insights
- Bangladesh BaoRui Textile will invest $19.53 million to establish a composite textile manufacturing facility in Mongla EPZ, producing 10 million lbs of raw yarn, 6 million lbs of fabric, and 1 million garments annually.
- The project will create 1,505 jobs.
- BEPZA's executive chairman thanked the company for its investment and encouraged further Chinese investments.