Business Economy feature

China-BVI Venture Commits $48.66 Million for Fashion Factory in Bepza EZ

Written by The Banking Post


Unifa Accessories (BD) Co Ltd—a China and British Virgin Islands joint venture—will invest $48.66 million to establish a high-capacity fashion accessories manufacturing unit at the Bepza Economic Zone (EZ) in Mirsharai, Chattogram.


📃 Agreement Signed

The agreement was formalised at the Bepza Complex in Dhaka between Bangladesh Export Processing Zones Authority (Bepza) and Unifa Accessories.

  • Signatories: Md Ashraful Kabir (Bepza) & Qian Danchu (Unifa Accessories)
  • Witnessed by: Major General Abul Kalam Mohammad Ziaur Rahman, Bepza Executive Chairman

🏭 Factory Details

  • Annual Output: 28 million units
  • Product Portfolio: Bags, belts, hats, caps, scarves, mufflers, eyewear, and frames
  • Local Employment: Estimated 2,830 new jobs for Bangladeshi nationals

💬 Strategic Remarks

The Bepza chairman reaffirmed full operational support, calling the project a “significant boost to Bangladesh’s socio-economic development.”


📊 Bepza EZ Investment Snapshot

MetricData
Total Investment Agreements42 companies
Combined Pledged Investment$942.15 million
Operational Units4 companies

Senior officials from Bepza, including representatives from finance, engineering, and public relations departments, were present at the signing event alongside Unifa executives.

This development reinforces Bepza’s appeal as a premier investment destination for global manufacturers seeking scale and skilled labor.


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