BSK Fashion Bags to Invest $6 Million in Cumilla EPZ

Economic Tag: FDI

A joint venture company, BSK Fashion Bags, will invest over $6 million to establish a factory in Cumilla EPZ, initially employing 1,000 workers. The company, based in China and established in 2011, manufactures leather goods and footwear. During a meeting with the Consul General of Bangladesh in Hong Kong, various incentives for foreign investors were discussed. BSK expressed interest in shifting its main office from Guangzhou, China, to Bangladesh, citing the country’s comparative advantages in business. The company currently operates in China and Myanmar, producing over three million bags annually, focusing on women’s bags with a range of styles and functionality. Originally a trading company, BSK transitioned into manufacturing in 2011.

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