Longteng Garment to invest $17 million in Mongla EPZ factory in Bangladesh

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Longteng Garment Mongla EPZ investment

Highlights

Longteng Garment Co Ltd signed a land lease with Bepza on 12 October to invest $17 million in a new Mongla EPZ garment factory.
The factory aims to produce 6 million innerwear pieces annually for major international brands and employ 3,005 workers, strengthening Mongla EPZ's industrial base.
As of September 2026, Mongla EPZ hosts 39 operating enterprises, $1.7 billion in cumulative exports, $271.74 million in total investment, and 16,212 jobs.

Lease agreement sets out factory investment plan

As reported by The Business Standard, citing Bepza in a press release, the Bangladesh Export Processing Zones Authority signed a land lease agreement with Longteng Garment Co Ltd on 12 October at its complex in Dhaka for the proposed factory in Mongla EPZ.

Md Tanvir Hossain, Bepza member for investment promotion, and Lin Qiangqiang, chairman of Longteng Garment, sign the agreement on behalf of their respective organisations. The company is investing $17 million to build a ready-made garment factory on 16,426.37 square metres of land.

The plant is expected to produce 6 million pieces of innerwear each year. According to Bepza, the products are intended for international brands including Aerie, Calvin Klein, Zara, Florence & Fred, ASOS and Primark, while major buyers include H&M, Walmart, Marks & Spencer and Gap.

The company plans to export to markets in the U.S., the UK, Europe, Algeria, Brazil, Australia, Chile, Mexico, Iraq, Japan and Canada. Bepza Executive Chairman Major General Mohammad Moazzem Hossain welcomes the investment and says the authority will support the company in setting up and operating the factory.

Mongla EPZ expansion supports export growth

The new project adds to investment momentum in Mongla EPZ, a zone that continues to expand its industrial base and export capacity. The factory’s planned hiring of 3,005 workers is set to deepen the zone’s contribution to employment in Bangladesh’s manufacturing sector.

As of September 2026, 39 enterprises are operating in Mongla EPZ and another 10 are at the implementation stage, according to Bepza. The zone has recorded cumulative exports of $1.7 billion and total investment of $271.74 million, generating employment for 16,212 Bangladeshis.

Mongla Port expansion financing was previously covered by our publication, highlighting Bangladesh’s concessional loan deal to upgrade the country’s second-largest seaport. The plan includes building new container terminals and yards to raise cargo-handling capacity and modernise logistics infrastructure—improvements that can strengthen trade flows supporting industrial zones such as Mongla EPZ.

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