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Bangladeshi lingerie company to invest $25m in Chattogram EPZ

| Updated: October 17, 2020 11:01:43

Bangladeshi lingerie company to invest $25m in Chattogram EPZ

M/s Z&Z Lingerie Limited, a Bangladeshi company, is going to establish an intimate garments manufacturing industry in Chattogram Export Processing Zone with an investment of US$ 25 million.

The company will produce annually 43 million pcs of different kinds of lingerie like Bra, Panty, Legging etc. and Sportswear. M/s Z&Z Lingerie will create employment opportunities for 4736 Bangladeshi nationals. Mentionable, this is the sixth industry in EPZ under the same owner, said a press release.

An agreement to this effect signed today between Bangladesh Export Processing Zones Authority (BEPZA) and M/s. Z&Z Lingerie Limited at BEPZA Complex.

Md Mahmudul Hossain Khan, Member (Investment Promotion) of BEPZA, and

Sharif Zahir, Managing Director of Z&Z Lingerie, signed the agreement on behalf of their respective organizations. The Executive Chairman of BEPZA Major General S M Salahuddin Islam witnessed the signing ceremony.

Among others, Member (Engineering) of BEPZA Mohammad Faruque Alam, Member (Finance) Nafisa Banu, Secretary Md. Nabirul Islam, General Manager (Public Relations) Nazma Binte Alamgir and General Manager (Investment Promotion) Md Tanvir Hossain were present at the signing ceremony, reports BSS.

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