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Chinese company to invest $9.58mn in CEPZ

Chinese company M/s. Intex Link Garments (BD) Ltd. will invest $9.58 million to set up a Garments industry in Chattogram Export Processing Zone (CEPZ). The fully foreign-owned company will manufacture 61 million pieces of T-shirts, woven pants and jackets, men’s and women’s underwear and sleepwear annually, said in a press release.

Intex Link Garments (BD) Ltd. invest $9.58 million-Chattogram Export Processing Zone
Figure: An agreement to this effect was signed between Bangladesh Export Processing Zone Authority (BEPZA) and Intex Link Garments (BD) Limited at Bepza Complex.

According to the press release, a total of 2659 Bangladeshi nationals will get employment opportunities in this factory.

Recently, an agreement to this effect was signed between Bangladesh Export Processing Zone Authority (BEPZA) and Intex Link Garments (BD) Limited at Bepza Complex in the city.

Major General Abul Kalam Mohammad Ziaur Rahman, the Executive Chairman of BEPZA – 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.

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.

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