A sister concern of Bitopi Group – Sonar Manufacturing Limited invests $9.58 million to establish a readymade garment (RMG) factory in Dhaka Export Processing Zone (DEPZ).
Recently, Mishal Ali, Managing Director of Sonar Manufacturing Ltd and Ali Reza Mazid, member of Investment Promotion of BEPZA signed an agreement at BEPZA Complex in Dhaka.
Sonar Manufacturing Ltd will manufacture 2.93 million pieces of woven and knit (jacket, bottom) garments annually.
Mishal Ali said this new RMG plant will create around 1551 employment opportunities.
Bitopi Group is already operating three companies in the export processing zones.
Three companies of Bitopi Group are operating their business.
Among others, Bepza’s for Administration Md Zakir Hossain Chowdhury, Executive Director for Administration, BEPZA; Nazma Binte Alamgir, Executive Director for Public Relations, BEPZA and Md Khorshid Alam, Executive Director for Enterprise Services, BEPZA were also present.