Bangladesh continues to attract significant foreign direct investment (FDI) in its textile and manufacturing sectors. As China-based Tianford announces a USD 196 million investment in the Uttara Export Processing Zone (EPZ). The project is expected to create employment opportunities for 3,254 Bangladeshis.

The investment will support the establishment of a modern manufacturing facility nn 24,000 square metres of land. The company will manufacture 7 million pieces of woven and knit garments annually, including bottoms, shirts, jeans, jackets, and sweaters. The project is expected to generate substantial employment opportunities while strengthening Bangladesh’s position as a competitive global sourcing destination.

Located in Nilphamari, Uttara EPZ is one of the country’s strategically positioned export processing zones. Offering investors access to developed infrastructure, policy incentives, and streamlined regulatory support. Md Tanvir Hossain, executive director for investment promotion of Bepza, and Ge Zhenyu, nominee director of Tianford Bangladesh Textile, signed the agreement on behalf of their respective organisations.

Bangladesh’s textile and apparel sector remains a key pillar of the national economy, contributing more than 80% of total export earnings and employing millions across the value chain. Continued FDI inflows into upstream and value-added textile segments reinforce the country’s shift toward diversification, technology adoption, and higher-value production.

Tianford investment in Uttara EPZ underscores growing international confidence in Bangladesh’s investment climate, competitive labor force, and long-term growth trajectory. As the country advances toward its development goals, strategic investments in export-oriented industries remain central to enhancing industrial capacity, boosting exports, and driving sustainable economic growth.

Source: The Daily Star