Jenson & Nicholson Packaging signed a land lease with the Bangladesh Economic Zones Authority to build a new manufacturing facility at the National Special Economic Zone, an investment of about US$13.7 million.
Deshbandhu Group is building a 100% export-oriented jumbo bag plant in Palash upazila, Narsingdi, with an investment of Tk300 crore and about 2,000 planned jobs, with production scheduled for June 2024.
Chinese company Yuanshun Enterprise will invest US$9.49 million to set up a packaging plant in Mongla Export Processing Zone, Bangladesh, producing 10 million boxes a year and employing 490 people. The agreement was signed with BEPZA.
Walton High-tech Industries established Bangladesh's first compressor factory, which it established on April 6, 2017, and publicised in July 2020. Walton says the plant makes compressors with German technology and offers a 12-year warranty.
Walton inaugurated its compressor manufacturing unit at Walton Industrial Park in Chandra, Gazipur, on April 6, 2017, with an annual capacity of 4 million compressors and a target of 12 million within five years.