Published : 13 October 2026
•
Updated : 13 October 2026, 01:35
Star Business Desk
Chinese company Longteng Garment Co Ltd will invest $17 million to establish a readymade garment (RMG) factory at Mongla Export Processing Zone (MEPZ) in Bagerhat.
The company will set up its factory on 16,426.37 square metres of land, with an annual production capacity of 6 million pieces of underwear and bras.
The products are intended for international brands such as Aerie, Calvin Klein, Zara, Florence & Fred (Tesco), ASOS and Primark, with major buyers, including H&M, Walmart, Marks & Spencer (M&S) and Gap.
The company plans to export its products to major markets worldwide, including the United States, the United Kingdom, Europe, Algeria, Brazil, Australia, Chile, Mexico, Iraq, Japan and Canada.
The project is expected to create employment opportunities for 3,005 Bangladeshi nationals, according to a press release.
The Mongla EPZ has recorded cumulative exports of $1.7 billion and total investment of $271.74 million, generating employment for 16,212 Bangladeshi nationals.
To this end, Md Tanvir Hossain, member (investment promotion) of the Bangladesh Export Processing Zones Authority (BEPZA), and Lin Qiangqiang, chairman of Longteng Garment Co Ltd, signed the agreement at the BEPZA Complex in Dhaka yesterday.
BEPZA Executive Chairman Major General Mohammad Moazzem Hossain attended the signing ceremony along with senior BEPZA officials.
Welcoming the investor, BEPZA Executive Chairman Maj Gen Moazzem expressed his appreciation to Longteng Garment Co Ltd for placing its confidence in BEPZA and Bangladesh as an investment destination.
He assured the company of BEPZA’s support and cooperation to facilitate the establishment and smooth operation of its business.
As of September 2026, 39 enterprises were operating in Mongla EPZ, while another 10 were at the implementation stage.
The Mongla EPZ has recorded cumulative exports of $1.7 billion and total investment of $271.74 million, generating employment for 16,212 Bangladeshi nationals.