Chinese company Longteng Garment Co Ltd plans to invest $17 million in a garment manufacturing plant at Mongla Export Processing Zone (EPZ), with the project expected to create 3,005 jobs for Bangladeshis.
The Bangladesh Export Processing Zones Authority (BEPZA) signed a land lease agreement with the company at the BEPZA Complex in Dhaka on Monday, 12 October, paving the way for the investment, the authority said in a press release.
BEPZA Member (Investment Promotion) Md Tanvir Hossain and Longteng Garment Chairman Lin Qiangqiang signed the agreement on behalf of their respective organisations in the presence of BEPZA Executive Chairman Major General Mohammad Moazzem Hossain and other senior officials.
The Chinese company will establish its factory on 16,426.37 square metres of land, with an annual production capacity of six million pieces of underwear and bras.
The products are intended for international brands including Aerie, Calvin Klein, Zara, Florence & Fred (Tesco), ASOS and Primark. BEPZA also identified H&M, Walmart, Marks & Spencer (M&S) and Gap among the company’s major buyers.
Longteng plans to export its products to markets including the United States, the United Kingdom, Europe, Algeria, Brazil, Australia, Chile, Mexico, Iraq, Japan and Canada.
Welcoming the investment, BEPZA Executive Chairman Mohammad Moazzem Hossain thanked Longteng for placing its confidence in Bangladesh and BEPZA as an investment destination.
He assured the company of the authority’s support and cooperation in establishing the factory and ensuring smooth business operations.
BEPZA Member (Engineering) Abdullah Al Mamun, Executive Director (Administration) Samir Biswas, Executive Director (Public Relations) A S M Anwar Parvez, Executive Director (Enterprise Services) Moshiuddin Bin Mesbah and Additional Executive Director (Investment Promotion) Fazlul Haque Mazumder attended the signing ceremony, alongside other senior BEPZA officials and Longteng representatives.
As of September 2026, Mongla EPZ had 39 enterprises in operation, while another 10 were at the implementation stage.
The zone had recorded cumulative exports of $1.7 billion and attracted $271.74 million in investment, generating employment for 16,212 Bangladeshis.
