The Bangladeshi Government is set to accelerate infrastructure development for the Chinese Economic and Industrial Zone (CEIZ) as part of its strategy to attract investment from China, the world's second-largest economy, as per reports.
Manufacturing News
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Chinese investment in Bangladesh's ready-made garment (RMG) sector is witnessing a significant surge, as evidenced by recent agreements signed in the Bepza Economic Zone (EZ) in Mirsharai, Chittagong, as per reports.
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Manufacturing
American & Efird expands global presence with new manufacturing facility in Chittagong
American & Efird (A&E), a leading global thread supplier, has officially inaugurated its 24th manufacturing facility in Chattogram.
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Safety Garments Bangladesh Co Ltd, a Chinese company, has announced a US$12.25 million investment in the Mongla Export Processing Zone (Mongla EPZ), which is a major boost for Bangladesh's garment industry.
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Syed Manzur Elahi, the esteemed Chairman of Apex Group and a pioneering figure in Bangladesh's industrial landscape, passed away at the age of 83 in Singapore this morning.
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Abdul Moyeen Khan, a member of the Standing Committee of the Bangladesh Nationalist Party (BNP), has called for China's assistance in establishing facilities for the production of raw materials for the country's garment sector, reports claimed.