Dunion Taiyang Sheng Shoes (BD) Co. Ltd., a Chinese company, is set to invest US$ 10.20 million in BEPZA Economic Zone (BEPZA EZ) to establish a footwear industry.
The Bangladesh Export Processing Zones Authority (BEPZA) signed an agreement with the company today at the BEPZA Complex in the city, said a press release.
In presence of BEPZA Executive Chairman Major General Abul Kalam Mohammad Ziaur Rahman, the agreement was signed by Md Ashraful Kabir, Member (Investment Promotion), on behalf of BEPZA, and Ye Yary, Chairman of Dunion Taiyang Sheng Shoes (BD) Co. Ltd. , on behalf of the company.
The Chinese company plans to produce 2.10 million pairs of sandals, flats, high heels, pumps, booties, and boots and sports shoes annually, creating employment opportunities for 1,939 Bangladeshi nationals.
BEPZA Executive Chairman thanked Dunion Taiyang Sheng Shoes for choosing BEPZA EZ as their investment destination, reaffirming BEPZA’s commitment to providing a secure and supportive environment for investors. He also urged the company to make the best use of land, noting the need for efficient factory designs that allow future vertical expansion.
He further emphasized incorporating environment-friendly features, including rooftop solar panels and rainwater harvesting facilities within the factory premises.
The signing ceremony was attended by senior BEPZA officials, including Member (Finance) A N M Foyzul Haque, Executive Director (Investment Promotion) Md. Tanvir Hossain, Executive Director (Public Relations) A.S.M Anwar Parvez, and representatives of Dunion Taiyang Sheng Shoes (BD) Co. Ltd.
