Bangladesh’s export-oriented industrial landscape received a significant boost as Zant Accessories Limited signed a land lease agreement with the Bangladesh Economic Zones Authority (BEZA) to set up a new manufacturing unit at the National Special Economic Zone (NSEZ).

Under the agreement, Zant Accessories will invest approximately Tk80 crore to develop an industrial facility on five acres of land, with commercial production scheduled for May 2027. The project will focus on producing polyurethane and polyethylene foam, alongside value-added products such as recycled foam, mattresses, pillows, comforters, and shoe insoles—primarily targeting export markets.

BEZA noted that the proposed facility aligns with environment-friendly industrial development, as it will operate with lower water and electricity consumption and without the use of gas. The factory is expected to serve global value chains across furniture, home textiles, footwear, automotive, and packaging industries, further strengthening Bangladesh’s position in diversified manufacturing exports.

Around 90% of raw materials will be sourced from international markets including China, South Korea, the UAE, and Malaysia, while finished goods will be exported, contributing to foreign exchange earnings. Zant Accessories already operates a manufacturing unit at the Karnaphuli Export Processing Zone, reflecting its growing industrial footprint in Bangladesh.

Saleh Ahmed, Executive Member (Investment Development) of BEZA, described the investment as a positive signal for export-oriented growth, noting that such projects enhance investor confidence and encourage further domestic and foreign investment within economic zones.

The land lease agreement was signed by Saleh Ahmed on behalf of BEZA and Md Tofazzal Hossain, Chairman of Zant Accessories Limited. BEZA currently reports 17 operational industrial units at the NSEZ, with 24 additional units under construction, as the zone develops into an integrated industrial and urban hub with modern infrastructure and sustainable utilities.