Bitopi Group to invest $9.58 million for RMG plant at Dhaka EPZ

Sonar Manufacturing Limited, a sister concern of Bitopi Group, is going to establish a readymade garment industry in Dhaka Export Processing Zone (DEPZ) with an investment of $9.58 million.

This fully Bangladeshi owned company will produce 2.93 million pieces of woven and knit (jacket, bottom) garments per annum.

Some 1,551 Bangladeshi nationals will get employment opportunity in this factory, Bangladesh Export Processing Zones Authority (Bepza) said in a statement today.

Ali Reza Mazid, member for investment promotion of Bepza, and Mishal Ali, managing director of Sonar Manufacturing Ltd, signed an agreement in this regard at Bepza Complex in Dhaka today.

Three companies of Bitopi Group are operating their business in the export processing zones.

World's top ranked eco-friendly LEED Platinum certified factory Remi Holdings Ltd started its business at Adamjee EPZ in 2016.

The other two companies of this group—Baridhi Garments Ltd in Cumilla EPZ and Croydon-Kowloon Designs Ltd in Dhaka EPZ—are operating their business.

Among others, Bepza's Executive Director for Administration Md Zakir Hossain Chowdhury, Executive Director for Public Relations Nazma Binte Alamgir and Executive Director for Enterprise Services Md Khorshid Alam were also present.