Bangladeshi company Texas Clothing Limited is going to establish a garment manufacturing industry at Uttara Export Processing Zone (UEPZ) with an investment of $ 8.5 million.
An agreement to this effect signed between Bangladesh Export Processing Zones Authority (BEPZA) and Texas Clothing Limited at BEPZA Complex in Dhaka on Wednesday, said a press release.
Member (Investment Promotion) of BEPZA Ali Reza Mazid and Managing Director of Texas Clothing Md Forhad Hossan inked the agreement on behalf of their respective organisations.
The company will produce annually 7 million pieces of different garment items like Woven Shirt, Denim Pant, Twill Pant, Jacket and Woven Bottom.
This company will create employment opportunity for 1450 Bangladeshi nationals.
Among others, Member (Engineering) Mohammad Faruque Alam, Executive Director (Public Relations) Nazma Binte Alamgir and Executive Director (Investment Promotion) Md. Tanvir Hossain were present.