Chinese company Kaixi Fashion to invest $6 million in Dhaka EPZ

    Mohammad Faruque Alam, member of Bepza. Xiao Hongxi, CEO of Kaixi Fashion Bangladesh Co Ltd, and Major Md Nazrul Islam, Executive Chairman of Bepza, attended today the signing ceremony of an agreement at the Bepza complex in Dhaka. Photo: Bepza

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    Mohammad Faruque Alam, member of Bepza. Xiao Hongxi, CEO of Kaixi Fashion Bangladesh Co Ltd, and Major Md Nazrul Islam, Executive Chairman of Bepza, attended today the signing ceremony of an agreement at the Bepza complex in Dhaka. Photo: Bepza

    Chinese company Kaixi Fashion Bangladesh Co Ltd plans to invest $ 6 million to set up a lingerie industry in the Dhaka export zone.

    It will produce 24 million lingerie items, the Bangladesh Export Processing Zones Authority (Bepza) said in a statement.

    For all the latest news, follow the Daily Star Google News channel.

    The industry will also create 2,031 jobs for Bangladeshi nationals, according to the statement.

    Bepza member Mohammad Faruque Alam and Xiao Hongxi, CEO of Kaixi Fashion Bangladesh Co Ltd, signed an agreement at the Bepza complex in Dhaka today, which was also attended by General Md Nazrul Islam, Bepza CEO.

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