Mingda (Bangladesh) to invest $76.41M in BEPZA Economic Zone

Mingda (Bangladesh) New Material Co. Ltd. signed an agreement with BEPZA to invest $76.41 million in a factory in BEPZA Economic Zone, Bangladesh, to produce artificial fabric and other products, creating 2,830 jobs.

“We will start construction of the factory very soon keeping in mind the safety & environmental issues and start production by the end of the year.”bssnews.net

• 2 sources
• bssnews.netChinese firm to invest $76.41m to produce diversified goods in BEPZA EZ | BusinessJun 15, 2023
• tbsnews.netChinese company to invest $76.41m to produce diversified products in Bepza EZ | The Business StandardTBS ReportJun 15, 2023

Summarized from public sources; check the original articles before acting on it.