The lingerie factory is expected to produce 6 million pieces annually and create jobs for 3,005 Bangladeshis.
TBS Report
12 October, 2026, 05:45 pm
Last modified: 12 October, 2026, 05:52 pm
Chinese company Longteng Garment Co Ltd will invest $17 million to set up a ready-made garment factory at Mongla Export Processing Zone (EPZ), with the project expected to employ 3,005 Bangladeshis.
The Bangladesh Export Processing Zones Authority (Bepza) signed a land lease agreement with the company today (12 October) at its complex in Dhaka, according to a Bepza press release.
Md Tanvir Hossain, Bepza member for investment promotion, and Lin Qiangqiang, chairman of Longteng Garment, signed the agreement on behalf of their respective organisations.
The company will establish its factory on 16,426.37 square metres of land, with an annual production capacity of 6 million pieces of innerwear.
According to Bepza, the products are intended for international brands including Aerie, Calvin Klein, Zara, Florence & Fred, ASOS and Primark. Major buyers include H&M, Walmart, Marks & Spencer and Gap.
The company plans to export its products to markets in the United States, the United Kingdom, Europe, Algeria, Brazil, Australia, Chile, Mexico, Iraq, Japan and Canada, the release said.
Bepza Executive Chairman Major General Mohammad Moazzem Hossain welcomed the investment and assured the company of the authority's support in setting up and operating the factory.
As of September 2026, 39 enterprises were operating in Mongla EPZ, while another 10 were at the implementation stage, according to Bepza.
The zone has recorded cumulative exports of $1.7 billion and total investment of $271.74 million, generating employment for 16,212 Bangladeshis.