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Lingerie co to Invest US$ 25m in Chattogram EPZ


Published : 15 Oct 2020 06:59 PM

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 named M/S Z&Z Lingerie Limited will produce annually 43 million pcs of different kinds of lingerie like Bra, Panty, Legging etc. and Sportsware. M/s Z&Z Lingerie will create employment opportunity for 4736 Bangladeshi nationals. Mentionable, this is the sixth industry in EPZ under the same owner. 

An agreement to this effect signed between Bangladesh Export Processing Zones Authority (BEPZA) and M/s. Z&Z Lingerie Ltd. at BEPZA Complex on Thursday. 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, BP, SPP, ndc, psc 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, General Manager (Investment Promotion) Md. Tanvir Hossain were present at the signing ceremony.