Chinese firm to set up costume factory in Uttara EPZ worth $2.26 mn

Chinese firm Red Forest Limited plans to establish a $2.26 million wig and carnival costume factory in Uttara EPZ, Bangladesh.
The company signed an agreement with BEPZA in Dhaka, aiming to produce 4.09 million pieces annually and create 379 local jobs.
BEPZA’s member (engineering) Mohammad Faruque Alam and Red Forest’s director Li Chao inked the deal.

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