Trendy Textiles to invest $39m in Dhaka EPZ

Trendy Textiles Ltd, a local company,  will invest $38.99 million to establish a knit composite textile factory in the Dhaka Export Processing Zone (EPZ).

Some 2,993 Bangladeshi nationals will get jobs in the company, a press release said.

The company will annually produce 15 million pieces of t-shirt, tank-top, polo-shirt, sweat-shirt, cotton and CVC fleece jacket and trousers, hoodies, fancy ladies and children wear along with sportswear.

Ali Reza Mazid, member for investment promotion of the Bangladesh Export Processing Zones Authority (Bepza), and Nafees Muntasir Khan, managing director of Trendy Textiles, signed an agreement to this effect at the Bepza Complex in Dhaka yesterday.

Major General Abul Kalam Mohammad Ziaur Rahman, executive chairman of the Bepza, Mohammad Faruque Alam, member for engineering, Nafisa Banu, member for finance, Nazma Binte Alamgir, executive director for public relations, Md Tanvir Hossain, executive director for investment promotion, and Md Khorshid Alam, executive director for enterprise services, were present.