Chinese company to invest $10.73 million to manufacture shoe accessories in BEPZA EZ

Chinese company to invest .73 million to manufacture shoe accessories in BEPZA EZ

China’s Join Win (Bangladesh) Company Ltd is to set up a shoe accessories factory in the Economic Zone (EZ) of Bangladesh Export Processing Zones Authority (BEPZA) with an investment of 10 .73 million. Join Win signed an agreement with BEPZA for this purpose at BEPZA Complex, Dhaka yesterday.

The fully automated modern factory will produce 7 million pairs of shoe accessories like PU insoles, PU midsoles, PU outsoles, TPU outsoles, rubber outsoles and open cell PU insoles. Join Win (Bangladesh) will manufacture footwear accessories for leading footwear brands like Nike, Adidas, Puma, Caterpillar, among others, BEPZA said in a press release.

Chinese Join Win (Bangladesh) Company Ltd is investing $10.73 million to build a shoe accessories factory in the Bangladesh Export Processing Zones Authority Economic Zone. The factory, which produces for major shoe brands, will create around 900 jobs. The modern automated facility is expected to produce 7 million pairs of various shoe accessories annually.

The project is expected to create employment opportunities for 900 Bangladeshis. Join Win has been in the business for 30 years and has six factories in different countries that produce popular brand shoes.

The BEPZA EZ is being developed at Bangabandhu Sheikh Mujib Shilpa Nagar, Mirsharai, Chattogram on 1138.55 acres of land. Including Join Win (Bangladesh), BEPZA has signed lease agreements with a total of 19 companies, both domestic and international, to establish factories with a total proposed investment of approximately $411 million. BEPZA hopes that the export business of BEPZA EZ will be launched by this year.

Fibre2Fashion News Office (NB)


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