Hong Kong-Sri Lanka-Switzerland owned company Ms Gava Private Limited is going to establish a garments manufacturing industry in Dhaka EPZ, reports BSS.
According to a press release, Ms Gava Private Limited will invest US$ 25.62 million where 3086 Bangladeshi nationals will get employment opportunities.
The tri-nation company will produce annually 4.4 million pcs of Jacket, Fleece Jacket, T-Shirt, Polo Shirt, Sweater, Trousers, Coverall, Stretch Pant, Denim Pant, Shorts, Shirt, Sweat-Shirt, Hi-Vis Shirt, and Vest.A-One BD, a knitting and other textile factory of DEPZ was shut down due to business downturn. BEPZA has decided to take steps for auction process considering the continuation of the investment flow and the employment of the workers.
Gava Private Limited signed the agreement to purchase A-One BD Limited Company through auction process and to run their business.
Bd-pratidin English/Ishrar Tabassum