The Bangladesh Export Processing Zones Authority (BEPZA) has secured $111.26 million in new industrial investments at the BEPZA Economic Zone in Mirsharai, Chattogram, reinforcing Bangladesh’s growing appeal as a competitive destination for export-oriented manufacturing and industrial service

The newly signed land lease agreements with four investors—three foreign-owned companies from China and Singapore and one local firm—highlight strong investor confidence in Bangladesh’s economic zone infrastructure, policy support, and export-led growth strategy. Once operational, the projects are expected to generate 7,607 jobs, contributing to employment creation and regional industrial development.

From an investment standpoint, the sectoral mix reflects a strategic shift toward higher-value manufacturing and services. Footwear manufacturing dominates the investment pipeline, led by Chinese firm Tai Ma Shoes (BD) Co Ltd with a $55.05 million commitment to produce seven million pairs of shoes annually. This signals Bangladesh’s strengthening position in global footwear supply chains beyond traditional apparel.

Leather processing and industrial testing services further enhance the ecosystem. Singapore-based Bangladesh Songshin Leather Co Ltd’s $25.03 million investment in finished leather production supports backward linkages for footwear and accessories, while the $20.03 million testing laboratory by China–Singapore joint venture Annray Holding (BD) Co Ltd addresses a critical gap in compliance, quality assurance, and export readiness across industries.

The inclusion of local firm Wraptox Industries Ltd, investing $11.15 million in garment accessories manufacturing, underlines opportunities for domestic enterprises to integrate into global value chains alongside foreign investors.

BEPZA officials reiterated their commitment to investor facilitation, streamlined services, and rapid project implementation. With additional economic zones planned in Jashore and Patuakhali, and active encouragement for investments in electronics and advanced manufacturing, the Mirsharai deals signal a broader push to diversify Bangladesh’s industrial base and attract long-term, export-oriented capital.