Bangladesh Export Processing Zones Authority (BEPZA) has signed a lease agreement with South Korean company Park Handbag BD Limited to establish a factory for producing bags, luggage, and high-end garments in the BEPZA Economic Zone at Mirsarai, Chattogram. The agreement, signed on January 26, 2026, at the BEPZA Complex in Dhaka, involves a proposed investment of 80 million US dollars. The signing was attended by BEPZA Executive Chairman Major General Mohammad Moazzem Hossain and senior officials from both sides.

According to the agreement, Park Handbag BD Limited will build the factory on 57,600 square meters of land, producing handbags, backpacks, luggage, and knit and woven garments such as polo shirts, T-shirts, jackets, trousers, sportswear, and undergarments. Once fully operational, the project is expected to create about 10,960 jobs for Bangladeshi workers, with products exported to the United States, the United Kingdom, the European Union, South America, and Asia.

BEPZA reaffirmed its commitment to providing round-the-clock services to investors and emphasized ongoing modernization, automation, and digitalization to enhance investment facilitation.