Chinese Handa Industries Limited to invest $150m

Handa Industries Limited, a renowned china-based apparel manufacturing company for the production of superior-quality knitted textiles, dyeing processes, and apparel on a global scale, will invest $150 million in Bangladesh.

They will invest $100 million in textile and dying sectors at economic zone and $50 million in garments industry at export processing zone.

To this end, Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of BIDA and Heng Zeli, Chairman of Handa Textile Co Ltd, inked a Memorandum of Understanding (MoU) on behalf of their respective sides at a city hotel on Wednesday (April 9).

Handa Industries Limited will invest in garments industry and textile sectors as well as promote investment activates in Bangladesh.

Handa Industries Limited has expressed its interest, obtaining necessary approval and meeting regulatory requirements, to make investments in the textile and garment sector with an aim to promote FDI and enhance bilateral economic relationship between the two brotherly countries.


Handa Industries was established in 1995 and has multiple subsidiaries under its umbrella deep in research and development of weft knitted fabrics, dyeing and finishing of knitting, garment design and production, continuously creating value for our customers and the community.