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Dhaka: Chinese company Longteng Garment Co Ltd will invest US$17 million to establish a garment factory at Mongla Export Processing Zone (MEPZ), creating employment opportunities for 3,005 Bangladeshis.
The Bangladesh Export Processing Zones Authority (BEPZA) signed a land lease agreement with the company at the BEPZA Complex in Dhaka on Monday.
BEPZA Member (Investment Promotion) Md Tanvir Hossain and Longteng Garment Chairman Lin Qiangqiang signed the agreement on behalf of their respective organisations. BEPZA Executive Chairman Major General Mohammad Moazzem Hossain and senior officials of the authority attended the signing ceremony.
The company will establish the factory on 16,426.37 square metres of land, with an annual production capacity of six million pieces of underwear and bras.
The products will be supplied to international fashion and retail brands, including Aerie, Calvin Klein, Zara, Florence & Fred (Tesco), ASOS and Primark. Major buyers will include H&M, Walmart, Marks & Spencer and Gap.
Longteng Garment plans to export its products to markets in the United States, the United Kingdom, Europe, Algeria, Brazil, Australia, Chile, Mexico, Iraq, Japan and Canada.
Welcoming the investment, BEPZA Executive Chairman Moazzem thanked the company for choosing Bangladesh and the authority’s export processing zone as its investment destination.
He assured the investor of BEPZA’s support and cooperation in establishing the factory and ensuring smooth business operations.
According to BEPZA, 39 enterprises were operating in Mongla EPZ as of September 2026, while another 10 were at the implementation stage.
The export processing zone has recorded cumulative exports of US$1.7 billion and total investment of US$271.74 million, generating employment for 16,212 Bangladeshi nationals.