CEPZ to get US$ 9.58 million Chinese investment in RMG industry

Publish: 7:25 PM, October 4, 2022 | Update: 7:25:PM, October 4, 2022

Intex Link Garments (BD) Limited is going to set up a Garments industry in Chattogram Export Processing Zone (CEPZ) with an investment of US$ 9.58 million.
Fully foreign owned this Chinese company will produce annually 61 million pcs of T-shirt, Woven Pants & Jacket, Ladies Bra & Panty, Mans’ Boxer and Sleepwear. 2659 Bangladeshi nationals will get employment opportunity in this factory, a press release said.
An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and . Intex Link Garments (BD) Ltd. at BEPZA Complex, Dhaka. Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Junting Tan, Managing Director of Intex Link Garments signed the agreement on behalf of their respective organizations. The Executive Chairman of BEPZA Major General Abul Kalam Mohammad Ziaur Rahman, ndc, psc witnessed the signing ceremony.
Among others, Member (Engineering) Mohammad Faruque Alam, Executive Director (Administration) Md. Zakir Hossain Chowdhury, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Tanvir Hossain and Executive Director (Enterprise Services) Md. Khorshid Alam were present during the signing ceremony.