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Chinese company Yun Sheng BD Co Ltd will invest $89 million to establish a composite factory to produce textile, garments and accessories in Mongla Export Processing Zone (EPZ).
Three companies in the Bangladesh Export Processing Zone Authority (Bepza) Economic Zone, established in the Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram, are gearing up to initiate production this month. Fengqun Composite Material Co (BD) Ltd, a Chinese enterprise, is among the three firms poised to commence manufacturing operations. With an investment target of
Its government has invested in climate-resilient infrastructure and job creation in towns like Mongla to attract at-risk people from low-lying areas.