Bitopi Group to invest $9.58m in RMG plant at DEPZ

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Business Desk :
M/s Sonar Manufacturing Limited, a sister concern of Bitopi Group, is going to establish a Readymade Garments industry in Dhaka Export Processing Zone (DEPZ) with an investment of $ 9.58 million.
This fully Bangladeshi owned company will produce 2.93 million pcs of woven and knit (Jacket, Bottom) garments per annum. 1551 Bangladeshi nationals will get employment opportunity in this factory, said a press release.
Bangladesh Export Processing Zones Authority (BEPZA) and M/s Sonar Manufacturing Limited signed an agreement to this effect on March 28 at BEPZA Complex, Dhaka. Member (Investment Promotion) of BEPZA Ali Reza Mazid and Managing Director of M/s Sonar Manufacturing Limited Mishal Ali signed the agreement on behalf of their respective organizations.
Mentionable, three companies of Bitopi Group are operating their business in EPZs. World’s Top ranked Eco-friendly LEED Platinum Certified factory M/s Remi Holdings Limited started its business at Adamjee EPZ in 2016. The other two companies of this group M/s Baridhi Garments Limited in Cumilla EPZ and M/s Croydon-Kowloon Designs Ltd. in Dhaka EPZ.are operating their business.

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