Home Joy Socks will invest $50 million to establish a manufacturing facility in BEPZA.
It will produce 100 million pairs of socks, 100 million tights, 100 million lingerie pieces, and 50 million baby knitwear items annually, creating 4,980 jobs.
This investment adds to BEPZA EZ’s growth, which now includes 33 firms with a total investment of $768.46 million.