19 August 2024
3 factories in Bangabandhu Shilpa Nagar start exports
Three firms in Bangladesh’s Bepza economic zone have begun operations, exporting $300,000 worth of products and creating 1,500 jobs. KPST Shoes, Fengqun Composite Material, and Kiaxi Lingerie have invested a total of $71.14 million. They produce items including shoe accessories, packaging materials, and lingerie. Eight more factories are under construction, with two starting production soon. Bepza has signed contracts with 30 companies for a total investment of $706 million, but further land allocation is constrained by water availability. Daily Star