Adamjee EPZ RMG factory to invest $30m creating 8000 new jobs
Kwun Tong Apparels, a Hong Kong-based woven apparel factory operating in Adamjee Export Processing Zone, is to invest US$30 million this year creating 8000 new jobs.
"We are going to set up two more production units as we are receiving a huge number of orders from international buyers," Chief Executive Officer of the company Adil Patel said Wednesday.
“The new units will be built on 1 million square feet area,” Patel said, adding that JC Penny, Wal-Mart and Federated are the three main buyers of his company.
At present, Kwun Tong Apparels, which went into production in March 2006 with an initial investment of $20 million, employ 2000 workers, said Patel.
Kwun Tong Apparels is a concern of Must Garment Corporation Limited of Hong Kong that has also another concern, Lenny Fashions Limited, in Dhaka Export Processing Zone.
Patel also said western buyers are interested to buy products from his company since his factory ensures social compliance.
He said currently his company serves lunches, medical facilities and transport facilities to workers free of costs.
The minimum wage for the workers of the factory has been fixed at $30 as per the rules of the EPZ regulatory body Bangladesh Export Processing Zones Authority (Bepza).
"We are ready to do whatever we need to improve our production," said Patel at his garment office Wednesday.
When asked, he said poor pay structures for workers, inefficiency of mid-level management and 'vested quarters' were behind the recent labour unrest in the country.