Moonstar Fashion Limited, a leading readymade garment (RMG) manufacturing firm of the country will invest $ 20.20 million to set a apparel unit at Mongla Export Processing Zone.
The unit will produce annually 30.66 million pieces of Underwear, 7.55 million boxer shorts, 15.10 million Intimate garments and 11.33 million swimming and active wear. Some 2,832 Bangladeshi nationals will get employment opportunity in this factory, said a press release.
An agreement to this effect was signed between Bangladesh Export Processing Zones Authority (BEPZA) and M/s Moonstar Fashion Limited in Dhaka on Wednesday at BEPZA Complex.
BEPZA Member (Investment Promotion) Sayed Nurul Islam and M/s. Moonstar Fashion Limited Managing Director S.M. Amzad Hossain signed the agreement on behalf of their respective organizations.
Major General Mohd. Habibur Rahman Khan, ndc, psc, Executive Chairman, Mr. Md. Abdur Rahman, Member (Engineering), Mr. AZM Azizur Rahman Member (Finance), Mr. Md. Shawkat Nabi, Secretary, Mrs. Nazma Binte Alamgir, General Manager (Public Relations) and Mr. Md. Nurul Haque General Manager (Investment Promotion) of BEPZA were present at the signing ceremony.