Kaixi Fashion to invest $6 million in Dhaka EPZ

It will produce 24 million pieces of ladies undergarments, Bangladesh Export Processing Zones Authority (Bepza) said in a statement today.

The industry will also create 2,031 jobs for Bangladeshi nationals, according to the statement.

Mohammad Faruque Alam, a member of Bepza, and Xiao Hongxi, managing director of Kaixi Fashion Bangladesh Co Ltd, signed a deal at Bepza Complex in Dhaka today where Major General Md Nazrul Islam, executive chairman of Bepza, was also present.

Source : The Daily Star