Hong Kong-based company to invest $54 million to produce camping gear, garments

A Hong Kong-based company is going to invest $54 million to set up an industry to manufacture camping gears and garments at Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram.

The company will produce annually 21.4 million pieces of tent, bags and backpacks, camping chairs and furniture, luggage, sleeping bag, different kinds of knit & woven garments, gazebo, umbrellas, mattresses and furniture frames.

Over 9,000 Bangladeshi nationals will get employment opportunities in this factory.

To this end, Campvalley Chittagong Limited signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) at the latter's office in Dhaka today.

Ali Reza Mazid, member (investment promotion) of BEPZA, and Hong Woo Lee, chairman of Campvalley Chittagong, signed the agreement.