Chinese company Longteng Garment Co Ltd will invest US$17 million to set up a garment factory at Mongla Export Processing Zone (EPZ), creating employment for more than 3,000 Bangladeshis.
The Bangladesh Export Processing Zones Authority (BEPZA) signed a land lease agreement with the company on Monday at its complex in Dhaka to facilitate the investment, according to a press release. Md Tanvir Hossain, member (Investment Promotion) of BEPZA, and Lin Qiangqiang, chairman of Longteng Garment, signed the agreement on behalf of their respective organisations. BEPZA Executive Chairman Maj Gen Mohammad Moazzem Hossain and senior officials witnessed the signing ceremony.
The company will establish its factory on 16,426.37 square metres of land, with an annual production capacity of six million pieces of innerwear. Its products will be supplied to international brands and retailers, including Aerie, Calvin Klein, Zara, Florence & Fred, ASOS and Primark. The company also listed major buyers such as H&M, Walmart, Marks & Spencer and Gap.
Longteng Garment plans to export its products to markets across the world, including the United States, the United Kingdom, Europe, Australia, Canada, Japan, Brazil, Mexico, Chile, Algeria and Iraq.
Welcoming the investment, BEPZA Executive Chairman Maj Gen Mohammad Moazzem Hossain thanked the company for choosing Bangladesh and expressing confidence in the country’s investment potential. He assured the investor of BEPZA’s necessary support and cooperation to facilitate the establishment and smooth operation of the factory.
The signing ceremony was attended by Abdullah Al Mamun, member (Engineering); Samir Biswas, executive director (Administration); A S M Anwar Parvez, executive director (Public Relations); Moshiuddin Bin Mesbah, executive director (Enterprise Services); Fazlul Haque Mazumder, additional executive director (Investment Promotion); and other senior BEPZA officials and company representatives. As of September 2026, Mongla EPZ had 39 operating enterprises, while another 10 were at the implementation stage. The zone has attracted cumulative investment of $271.74 million and recorded exports worth $1.7 billion, generating employment for 16,212 Bangladeshi nationals.
The new investment is expected to further strengthen Mongla EPZ’s garment manufacturing base and expand its export-oriented industrial activities.