Bangladesh: Desh­bandhu Group to set up ap­parel fac­tory in UEPZ

Stitch World - - TECH TRACK -

Desh­bandhu Tex­tile Mills Lim­ited, a con­cern of Bangladesh’s lead­ing busi­ness con­glom­er­ate Desh­bandhu Group, will set up a ready­made gar­ment fac­tory at a cost of US $ 53.77 mil­lion ( Taka 435 crore) at the Ut­tara Ex­port Pro­cess­ing Zone (UEPZ).

The UEPZ, also known as Ut­tara EPZ or Nil­phamari EPZ, is the sev­enth of the eight ex­port pro­cess­ing zones in Bangladesh. It is re­port­edly the only ex­port pro­cess­ing zone in the Rang­pur Di­vi­sion of the coun­try.

It is worth men­tion­ing that Desh­bandhu Group had re­cently signed an agree­ment in this re­gard with the Bangladesh Ex­port Pro­cess­ing Zones Author­ity (BEPZA). Zil­lur Rah­man, Mem­ber of BEPZA, and Sar­war Ja­han Talukder, Ad­vi­sor of Desh­bandhu Tex­tile Mills Lim­ited, were the sig­na­to­ries from the re­spec­tive or­ga­ni­za­tions. Go­lam Mostafa, Chair­man of Desh­bandhu Group, also at­tended the sign­ing cer­e­mony.

This 100 per cent ex­por­to­ri­ented ven­ture will pro­duce 27.6 mil­lion pieces of denim and wo­ven trousers an­nu­ally, mainly to cater to the Euro­pean mar­ket. The new gar­ment unit of the Group would also re­port­edly pro­vide em­ploy­ment op­por­tu­ni­ties to around 3,713 Bangladesh na­tion­als.

As per sources, the new unit of Desh­bandhu Group will be equipped with the best-in­class ma­chines from Europe, Ja­pan, Korea and China.

The new unit of Desh­bandhu Group will be equipped with the best-in­class ma­chines from Europe, Ja­pan, Korea and China

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