News Desk, bdnews24.com
Published: 2021-07-18 16:18:28 BdST
The agreement to invest in the readymade garment sector was signed by Balagi Pavadai, director of Sewtech Fashion, and Mohammad Faruque Alam, of the Bangladesh Export Processing Zones Authority, or BEPZA, on Sunday in Dhaka, according to a press release.
The company, which will be fully foreign owned, will make about 3.36 million pieces of woven tops and create new employment opportunities for 3,393 Bangladeshis, BEPZA said.
BEPZA said it is receiving investment proposals from local and foreign investors despite the pandemic.