Local firm Trendy Textiles to invest $39 million in Dhaka EPZ

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

The company will produce 15 million pieces of t-shirts, tank-tops, polo-shirts, sweat-shirt, cotton and CVC fleece jacket and trousers, hoody jacket, fancy ladies and children’s wear along with sportswear.

The investment will create employment opportunities for 2,993 Bangladeshi nationals, according to a press release.

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

Major General Abul Kalam Mohammad Ziaur Rahman, executive chairman of the Bepza, and other senior officials from both organisations were present at the event.

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