Industry Infrastructure and construction

Sock Manufacturing Industry Tender

πŸ›οΈ DONGFANG KNITTING BD CO LTD
πŸ“„ Tender ID: 502296255 πŸ“… Published: 23 Mar 2024

πŸ“‹ Tender Overview

Scope : To Set up a Sock Manufacturing Industry at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsharai, Chattogram, Bangladesh

Chinese enterprise Dongfang Knitting (BD) Co Ltd has announced a substantial investment of $27.8 million to set up a state-of-the-art sock manufacturing industry within the Bangladesh Export Processing Zone Authority (BEPZA) Economic Zone, located at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsharai, Chattogram. The agreement to this effect was inked in a ceremony graced by the presence of BEPZA's executive chairman, Major General Abul Kalam Mohammad Ziaur Rahman.

This venture marks a significant foreign investment in Bangladesh’s growing manufacturing sector, with the facility poised to produce an impressive 216 million pairs of socks annually for men, women, and children. Additionally, the initiative is expected to generate employment for approximately 5192 Bangladeshi nationals, contributing significantly to local job creation.

The landmark deal was officially signed by Ali Reza Mazid, member (investment promotion) of BEPZA, and Fang Zhendong, managing director of Dongfang Knitting (BD) Co Ltd, at the BEPZA Complex in Dhaka.

πŸ” Key Information

πŸ“„
Tender Reference No.
502296255
πŸ“…
Publication Date
23 Mar 2024
πŸ’°
Estimated Value
USD 27800000
🌐
Sector
Industry
πŸ“…
Deadline
31 Dec 2026
πŸ“
Notice Type
Projects
πŸ“
Location
China
πŸ“‘
Contract Duration
2 Years 9 Months 8 Days

πŸ“ Documents & Downloads

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πŸ•’ Submission deadline
59
days remaining Β· 31 Dec 2026
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🧭 Quick Facts

Authority DONGFANG KNITTING BD CO LTD
Country China
State / UT N/A
Tender Type Project Information
Currency USD
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