Chattogram:SBS Zipper Bangladesh Co Ltd, a fully Chinese-owned company, has commenced commercial operations at the BEPZA Economic Zone-01 in Mirsharai, Chattogram. This development represents a significant advancement in Bangladesh's export-oriented industrial sector.
According to Bangladesh Sangbad Sangstha, the factory officially started its operations on October 20. The inauguration ceremony was attended by the group's chairman, international buyers, senior company officials, and other distinguished guests.
Abdullah Al Mahbub, the executive director of BEPZA Economic Zone-01, was present at the event and extended his congratulations to the company for beginning its operations. SBS Zipper Bangladesh has invested $15.51 million, with an initial proposal of $19.97 million.
The facility, established on six industrial plots, specializes in manufacturing various types of zippers, zipper components, plastic buttons, and related accessories. Currently, it employs 140 Bangladeshi workers and aims to provide jobs for over 2,000 local people upon reaching full-scale operations.
BEPZA Economic Zone-01 has allocated 263 out of 279 industrial plots and one six-storey factory building to 47 enterprises. Among these, 14 enterprises have already started commercial production, with several others set to commence operations soon. Additionally, factory construction is underway for 17 enterprises.
The operation of SBS Zipper Bangladesh is anticipated to boost employment, attract foreign direct investment, and contribute to the export-oriented industrialization in Bangladesh, highlighting the ongoing interest of foreign investors in the economic zone.