Chinese factory Join Win (Bangladesh) Company Limited has announced plans to set up a shoe accessories manufacturing industry in the BEPZA Economic Zone (EZ) with a significant investment of $10.73 million. The agreement was signed with the Bangladesh Export Processing Zones Authority (BEPZA) at the BEPZA Complex, marking a significant milestone for both parties. The modern automated factory will have the capacity to produce 7.0 million pairs of shoe accessories annually, including PU insoles, PU midsoles, PU outsoles, TPU outsoles, rubber outsoles, and open cell PU insoles. Join Win (Bangladesh) will cater to renowned shoe brands such as Nike, Adidas, Puma, and Caterpillar, contributing to the growth of the industry in Bangladesh. This venture is expected to generate employment opportunities for 900 Bangladeshi nationals and further strengthen Join Win’s presence in the sector, building upon their three decades of experience and success in the global market.
Chinese Company Set to Invest $10.73M in BEPZA Economic Zone
Economic Tag: FDI
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