Ananta Group to set up 6 new factories in MEZ producing fabric and yarn

Staff Correspondent       
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One of the leading apparel exporters Ananta Group have signed a land lease agreement with BEZA for establishing six factories in Mirsarai Economic Zone (MEZ) on 7th November 2017 in Dhaka. Ananta Group has got 250 acres land lease for 50 years agreement. Ananta will invest about BDT 3500 Crore and expected to generate employment for 25000 people.

Figure: Sharif Zahir, Managing Director of Ananta Group.
Figure: Sharif Zahir, Managing Director of Ananta Group.

According to the agreement, Ananta group will go to production within two years. Mirsarai Economic Zone (MEZ) will be the industrial capital of Bangladesh and will play a pivotal role in fulfilling the country’s investment prospects by establishing ‘One-Stop Services’ for various business enterprises to attract local and foreign investors, according to BEZA.

“Ananta group has got land lease at low cost. After five years, the condition of MirSarai Economic Zone (MEZ) will be totally uplifted. I think Ananta group has taken a very good decision”, said Paban Chowdhury, Executive Chairman, BEZA.

“We make high value suite, sportswear and sweater. We import fabric, yarn from china to make these products. Now we want to produce fabric and yarn at Mirsarai Economic Zone”, said Sharif Zahir, Managing Director, Ananta Group. “We are expecting that this project will start production by 2020”, he added.

Ananta is a group of companies established in Bangladesh in 1992, carrying on the business of manufacturing and exporting garments, leather products to western markets.

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