Unifa Accessories (BD) Co Limited, a China-British Virgin Islands owned company, is set to invest $48.66 million to establish a bag and fashion accessories manufacturing industry at BEPZA Economic Zone located at Mirsharai in Chattogram.
Bangladesh Export Processing Zones Authority member (investment promotion) Md Ashraful Kabir and Unifa Accessories (BD) chairman Qian Danchu signed an agreement in this regard at BEPZA Complex in Dhaka on Thursday, said a press release.
Among others, BEPZA executive chairman Major General Abul Kalam Mohammad Ziaur Rahman, member (engineering) Md Imtiaz Hossain, member (finance) ANM Foyzul Haque, executive director (investment promotion) Md Tanvir Hossain, executive director (enterprise services) Md Khorshid Alam and executive director (public relations) ASM Anwar Parvez were present.
The foreign-owned company will annually produce 28 million pieces of various fashion products, including bags, belts, caps, hats, scarves, mufflers, eyewear and eyeglass frames. This project is expected to generate employment for 2,830 Bangladeshi nationals.
