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Chinese firm signs pact with BSEZ for 1st factory in Bangladesh

17 Jan '26
1 min read
Chinese firm signs pact with BSEZ for 1st factory in Bangladesh
Pic: Shutterstock

Insights

  • Leaders Label Material (Bangladesh) Co Ltd, a subsidiary of China's Huzhou Lingxian Silk Ribbon Co Ltd, has signed a land lease agreement with the Bangladesh Special Economic Zone (BSEZ) for its first production facility in the country.
  • Construction is scheduled to commence in the second quarter of 2026.
  • The initial investment is an estimated $15-20 million.
Leaders Label Material (Bangladesh) Co Ltd, a subsidiary of China’s Huzhou Lingxian Silk Ribbon Co Ltd, has signed a land lease agreement with the Bangladesh Special Economic Zone (BSEZ) for its first production facility in the country.

Construction is scheduled to commence in the second quarter of 2026. The initial investment is an estimated $15-20 million.

The company, known for its expertise in radio-frequency identification (RFID) solutions, tags and labels, serving global apparel and retail giants, is the tenth institution to secure a spot within the zone, said a press release from BSEZ, a government-to-government initiative between Bangladesh and Japan.

ALCHEMPro News Desk (DS)
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