# Yun Sheng BD to invest $89M in composite factory in Mongla EPZ, Bangladesh

Chinese company Yun Sheng BD Co Ltd will invest $89 million to establish a composite factory producing textiles, garments and accessories in Mongla Export Processing Zone, Bangladesh. The factory will create 5,421 jobs.

- Type: New facility
- Announced: 2023-12-04
- Where: Mongla Export Processing Zone, Bangladesh
- Value: $89.0M
- Jobs: 5,421
- Status: announced
- Products: woven fabrics, knitted fabrics, padding, quilts, printed fabrics, embroidered fabrics, coated fabrics, laminated fabrics, tape
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Yun Sheng BD Co Ltd](https://endata.com/companies/74160.md)

## Sources

- [d11.thedailystar.net](https://d11.thedailystar.net/business/economy/industries/investments/news/chinese-company-invest-89m-set-first-composite-factory), 2023-12-04: "It is the highest amount of proposed investment ever from a single company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.