The Bangladesh Export Processing Zones Authority (BEPZA) and a Kaixi Group subsidiary Kaixi Garments Bangladesh have signed a $40.05 million agreement to build a new intimate garments and accessories facility. This new factory will be located in the BEPZA Economic Zone (EZ) at the BEPZA Complex in Dhaka.
To produce 18 million pairs of lingerie and undergarments and 20 million bra foams and cups annually, the new facility is expected to create 3,003 local jobs.
Major General Abul Kalam Mohammad Ziaur Rahman, Executive Chairman, BEPZA, states, Kaixi Group’s decision to reinvest just over a year after beginning its first operations shows increasing confidence from foreign investors in the zone.
Approved in November 2022 with a $60.85 million investment, Kaixi’s initial BEPZA EZ venture started production in June 2024 and employs about 3,700 workers. With operations now in both the Dhaka EPZ and the BEPZA EZ, the group supports around 6,000 jobs in total. The authority’s largest initiative, the BEPZA EZ has so far attracted more than $1 billion in investments from 45 companies, with four already in commercial production.
