Uttara EPZ to get $8.5 million investment

| Updated: June 30, 2022 10:08:56

File photo (Collected) File photo (Collected)

Bangladeshi company Texas Clothing Limited is going to establish a garments manufacturing industry in Uttara Export Processing Zone (UEPZ) with an investment of US$ 8.5 million.

An agreement was signed between

Bangladesh Export Processing Zones Authority (BEPZA) and M/s Texas Clothing Limited have signed an agreement in this regard at BEPZA Complex in the capital, reports BSS.

In presence of the Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman, BEPZA and Texas Clothing signed the deal.

Member (Investment Promotion) of BEPZA Ali Reza Mazid and Managing Director of Texas Clothing Md. Forhad Hossan inked the agreement on behalf of their respective organisations.

The company will produce annually 7.0 million pieces of different garment items like Woven Shirt, Denim Pant, Twill Pant, Jacket and Woven Bottom. This company will create employment opportunities for 1450 Bangladeshi nationals.

Among others, Member (Engineering) Mohammad Faruque Alam, Executive Director (Public Relations) Nazma Binte Alamgir and Executive Director (Investment Promotion) Md Tanvir Hossain were present during the signing ceremony.

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