A Hong Kong (China owned) based company M/s. Campvalley Chittagong Limited is going to set up a camping equipment & garments manufacturing industry at BEPZA economic zone. They are looking to invest $54 million in this endeavour.
The foreign company is looking to produce 21.4 million pieces of the tent, bag, backpack, camping chair, furniture, luggage, sleeping bag, knit and woven garments, gazebo, umbrellas, mattress and furniture frame.
Through this industry, 9.380 Bangladeshi nationals will get employment. This company has two other tent manufacturing companies in Chittagong and Karnaphuli EPZs. The agreement between BEPZA and M/s. Campvalley Chittagong Limited to establish tent industry was signed on 24 March 2022.
Earlier, BEPZA signed a lease agreement with five other companies to set up industry in BEPZA Economic Zone. The companies will invest $60 million where 23,582 Bangladeshi nationals will get employment opportunities.
Photo Courtesy: Canva
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