Commercial production has commenced in factories within the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) at Mirsarai Economic Zone (MEZ) in the port city of Chittagong.
Shilpa Nagar has witnessed its inaugural consignment of exports, marking a significant milestone.
The China-owned KPST Su (BD) Company Limited received approval from the Bangladesh Export Processing Zones Authority (BEPZA) after completing all necessary processes.
The export of goods from this industrial hub is set to begin soon even as it has been reported the initial shipment will consist of EVA sheets intended for shoe-making materials.
KPST Shoe (BD) Company Limited initiated commercial production on 3rd November, having invested US $ 3.48 million thus far, with an overall investment plan totalling US $ 8.06 million.
Official sources indicate that, following the requisite export procedures, the first shipment will be dispatched to Blue Ocean Footwear in Gazipur.
Blue Ocean Footwear is identified as a designated foreign buyer procuring shoe-making materials from KPST.
While the first export is underway in Bangabandhu Shilpa Nagar, two additional companies are gearing up for production as well.
