Chic Wings (BD) Lingerie Co Limited, a Singapore-China joint venture, will invest $18 million to set up a garment manufacturing plant in BEPZA Economic Zone, Chattogram.
The company plans to produce 30 million garments annually and create 3,000 jobs.
The agreement was signed on November 12, with BEPZA.
BEPZA EZ hosts 36 companies with a total investment of $868.5 million.