Shasha Garments to invest $5m in Dhaka EPZ

Local apparel manufacturing company M/s Shasha Garments Ltd is going to establish a garment factory in the Dhaka Export Processing Zone (EPZ) with an investment of $5 million.

This will be their fourth factory in EPZs, said a press release.

To this end, the company signed an agreement with Bangladesh Export Processing Zones Authority (Bepza) at the BEPZA Complex in the capital on Tuesday.

Bepza Executive Chairman Major General Md Nazrul Islam, its Member (investment promotion) Md Mahmudul Hossain Khan and Managing Director of Shasha Garments Parveen Mahmud were present, among others, in the event.

The release said the company will produce 6.75 million pieces of men’s pant, women’s pant, boy’s pant and jacket annually.

Shasha Garments will create an employment opportunity for 2,000 Bangladeshi people, reads the release.