Handa Industries Co, a Hong Kong-based textile and apparel chain, has announced it will invest US$ 250 million in Bangladesh.
Handa Industries Ltd. Chairman Han Chun announced the plan when he met Chief Adviser Professor Muhammad Yunus at the State Guest House Jamuna here today.
Handa had initially planned to invest US$ 150 million in Bangladesh’s textile sector and signed a memorandum of understanding with Bangladesh authorities during the Bangladesh Investment Summit in April 2025.
Following further assessments and with strong support from Bangladesh authorities, Handa has since increased its investment plan to approximately US$ 250 million.
The company has now decided to set up three factories in Bangladesh-two garment processing and one knitting and dyeing unit-which are expected to create 25,000 jobs.
“We decided to increase our investment as we got confidence after talks with the officials of the government agencies including BIDA (Bangladesh Investment Development Authority),BEZA (Bangladesh Economic Zones Authority) and BEPZA (Bangladesh Export Processing Zones Authority)” said Han Chun.
“We would like to bring the latest technologies to Bangladesh’s garment and textiles industries through our projects,” he said.বিস্তারিত