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Bangladeshi co to invest $31.75m in Ctg EPZ

  • Staff Correspondent
  • 26 October, 2022 12:00 AM
  • Print news
Bangladeshi co to invest $31.75m in Ctg EPZ
BEPZA Member (Investment Promotion) Ali Reza Mazid and Pacific Attires Managing Director Syed Mohammed Tanvir exchange documents after signing an agreement at BEPZA Complex in the capital on Tuesday.

Bangladeshi company Pacific Attires Limited is going to set up a high-end garments manufacturing industry in Chattogram Export Processing Zone (CEPZ).

The company will invest $ 31.75 million where 4994 Bangladeshi nationals will get employment opportunities, said a press release.

Pacific Attires will produce annually 18.72 million pieces of men, women’s formal suits, jackets, coats, dress pants, casual wear, boys, girls casual wear.

Mentionable, Pacific Attires Limited is a sister concern of Pacific Jeans Group.

This group has 8 operational units in Chattogram EPZ where around 31 thousand workers are working.

Ali Reza Mazid, Member (Investment Promotion) of BEPZA and Syed Mohammed Tanvir, Managing Director of Pacific Attires Limited signed an agreement to this effect on behalf of their respective organisations on Tuesday at BEPZA Complex in Dhaka.

The Executive Chairman of BEPZA Maj Gen Abul Kalam Mohammad Ziaur Rahman witnessed the agreement signing ceremony.

Among others, Member (Engineering) Mohammad Faruque Alam, Executive Director (Administration) Md Zakir Hossain Chowdhury, Executive Director (Public Relations) Nazma Binte Alamgir, Executive Director (Investment Promotion) Md Tanvir Hossain and Executive Director (Enterprise Services)    Md Khorshid Alam were present during the signing ceremony.