Four companies to invest $111m in BEPZA Economic Zone
The Bangladesh Export Processing Zones Authority (BEPZA) has signed land-lease agreements with four companies to establish industries in the BEPZA Economic Zone (BEPZA EZ) at Mirsharai, Chattogram, with a total proposed investment of US$111.26 million, creating 7,607 jobs for Bangladeshi nationals.
The agreements were signed on November 6, 2025, at the BEPZA Complex in Dhaka. Among the four investors, three are foreign-owned — from China, Singapore, and a China–Singapore joint venture — while one is a Bangladeshi company. The new ventures will operate in the footwear, leather processing, testing services, and garment accessories sectors.
The largest investment comes from Tai Ma Shoes (BD) Co., Ltd., a Chinese company that is investing US$55.05 million to establish a footwear factory with an annual production capacity of 7 million pairs of formal and casual shoes, creating 5,900 jobs.
Bangladesh Songshin Leather Co., Ltd., a Singaporean firm, will invest US$25.03 million to set up a leather-processing plant that produces 36 million square feet of finished leather annually, employing 480 people.
Annray Holding (BD) Co Ltd, jointly owned by China and Singapore, will invest US$20.03 million to establish a testing laboratory for finished products and raw materials, employing 770 people.
Meanwhile, Wraptox Industries Ltd, a Bangladeshi company, will invest US$11.15 million to produce garment accessories such as labels, tags, tapes, and packaging materials, with an annual output of 20,000 metric tonnes and 457 jobs.
Md Ashraful Kabir, Member (Investment Promotion) of BEPZA, signed the agreements on behalf of the authority, while Liao Weijun, Zhang Guangxin, Hu Xinlin, and Md Morshed Khan signed for their respective companies.
Major General Mohammad Moazzem Hossain, ndc, afwc, psc, G, MPhil, Executive Chairman of BEPZA, attended the signing as chief guest. He congratulated the new investors and reaffirmed BEPZA's commitment to ensuring smooth and efficient business operations through a dedicated and service-oriented workforce.
The Executive Chairman also urged investors to begin construction promptly and explore further opportunities in emerging sectors such as electronics. He noted that BEPZA is modernising its service delivery to enhance investor satisfaction.
Md Ashraful Kabir invited Chinese investors to consider opportunities in BEPZA's upcoming economic zones in Jashore and Patuakhali, being developed as next-generation industrial hubs.
Speaking at the event, Mr Jc, Chairman of Song Shin Group Pte Ltd, expressed satisfaction with BEPZA's investor-friendly environment, saying, "BEPZA EZ is our good choice. We look forward to growing together."
The ceremony was attended by Abdullah Al Mamun, Member (Engineering); A N M Foyzul Haque, Member (Finance); Lt Col Mohammad Arifur Rahaman, Executive Director (Security); Samir Biswas, Executive Director (Admin); and A S M Anwar Parvez, Executive Director (Public Relations), along with senior BEPZA officials and company representatives.