Bangladersh sees Chinese Investment of $22 million to establish a manufacturing facility at the BEPZA Economic Zone. Further reinforcing Bangladesh’s growing attractiveness as a destination for export‑oriented foreign investment.

The Chinese investment will be made by Adeline Beauty Technology (Bangladesh) Co Ltd, which signed a land lease agreement with the Bangladesh Export Processing Zones Authority (BEPZA) at the BEPZA Complex in Dhaka.

The company plans to manufacture fashion hair and beauty products, including wigs, eyelashes, and cosmetic nails. These products will primarily be exported to major international markets such as the United States, Canada, the United Kingdom, Germany, France, Spain, Italy, the United Arab Emirates, Russia, and Mexico.

The project is expected to generate employment for around 4,170 Bangladeshi nationals. Directly contributing to job creation and strengthening the country’s export‑oriented manufacturing sector.

The agreement was signed by Md Tanvir Hossain, Executive Director (Investment Promotion) of BEPZA, and Hang Sun, Managing Director of Adeline Beauty Technology (Bangladesh) Co Ltd, in the presence of Major General Mohammad Moazzem Hossain, Executive Chairman of BEPZA.

Located in Mirsharai, Chattogram, the BEPZA Economic Zone is emerging as a key hub for foreign direct investment. Offering modern infrastructure, investment incentives, and streamlined services for global manufacturers.

Investments such as this highlight Bangladesh’s growing potential in diversified export manufacturing. Supporting the country’s efforts to expand beyond traditional sectors and integrate further into global supply chains.

Source: The Business Standard