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Source: Prothom Alo
Join Win (Bangladesh) Limited, which is owned by China, will make shoe parts or extras in Bangladesh. The company will make materials for well-known shoe names like Nike, Adidas, Puma, Caterpillar, etc.
The Join Win plant will be built in Bangabandhu Sheikh Mujib Shilpanagar in the Bepza Economic Zone. At an exchange rate of 105 taka per dollar, the company will put in 1 million US dollars, which is about 105 crore taka. About 900 Bangladeshi people will be able to get jobs because of it.
Yesterday, a deal was made about this at the capital’s executive office of the Bangladesh Export Processing Zone Authority (BEPZA). Ali Reza Majid, a member of Bepza (Investment Development), and Xu Taihui, the Managing Director of Join Win (Bangladesh), signed the agreement on behalf of their groups.
A news release from Bepza says that the fully modern and automated factory will make 7 million pairs of shoe accessories every year. There are PU insoles, PU midsoles, PU outsoles, TPU outsoles, rubber outsoles, and PU insoles with open cells.
Bepza also said that Join Win has been in this business for 30 years and has plants in six different countries around the world.
So far, 18 local and international companies have signed contracts to set up businesses in the Bepza Economic Zone. This zone is part of the Bangabandhu Sheikh Mujib Industrial Park in Mirsrai and has an area of 1,138 acres. The total amount they want to spend is about $41 million USD. Bepza plans to start sending goods out of the Bepza Economic Zone by the end of this year.