Arman Haque Denim Limited, a green composite denim unit, is likely to be the first factory to inaugurate its operation in the Mirsarai Economic Zone. The company had already laid the foundation stone for the construction of its factory in the zone to go into operation from December 2019.
Managing Director of the Arman Haque Denim Limited, SNR Tawfiq, said with hope, “If everything happens as per the plan, the construction works will start in March. The factory will ensure internationally compliant green global composite denim production facility. It will produce almost 10.8 million meters of assorted denim fabric per year.”
The factory will be set up on 10 acres of land with an investment of around Tk. 300cr to meet the increasing demand of denim products in European countries and the USA.
He further mentioned, “The factory will be set up on 10 acres of land with an investment of around Tk. 300cr to meet the increasing demand of denim products in European countries and the USA.”
“The main objective of the industry is to uplift the status of denim production in terms of production capacity, distinctive and innovative endeavor to strengthen the overall position of textiles and RMG sector of the country,” he added.
The global demand for denim clothing has been increasing at an annual rate of 9 percent while in the USA, almost 70 percent of the population wear denim products regularly.
“Currently, Bangladesh alone has 30 denim mills involving a financial outlay of about US$1 billion. The country has overtaken China to become the number one denim goods supplier to the European Union countries,” he concluded.
Bangladesh Economic Zone Authority (BEZA) is developing an industrial city adjoining Mirsarai, Feni and Sitakunda Economic Zones, titled ‘Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN)’ to assist, encourage and facilitate investment from both home and abroad.
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