Readymade garment manufacturer A Plus Sweater Ltd had sent an RMG consignment to Chattogram Port from its Gazipur factory on eight covered vans on October 29 last year for shipment to Brazil. Sweaters packed into 898 cartons reached Chattogram the following day.
The loan facility is provided by provided by British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. It would support DBL to establish Jinnat Textile Mills Ltd, a greenfield, cotton yarn spinning mill, which will be housed in a LEED-certified green building located in Sylhet.
According to KK Das, Chairman, Fashion Point, the company is getting lots of business queries from markets like India and South Korea. Hence there is a need to increase capacities to accommodate those orders.