Report by Ashim Benedict Palmer from Dhaka ,Bangladesh , Handa Industries Limited, a renowned China-based apparel manufacturing company for the production of superior-quality knitted textiles, dyeing processes, and apparel on a global scale, will invest US$150 million in Bangladesh.
They will invest $100 million in the textile and dyeing sectors under the economic zone and $50 million in the garment industry under the export processing zone.
To this end, Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of BIDA and BEZA, and Heng Zeli, Chairman (Handa (Dhaka) Textile Co., Ltd), inked a Memorandum of Understanding (MoU) on behalf of their respective sides at a hotel in the city.
