FASHION FINANCE

Chinese textile company invests 6 Million Dollars in Bangladesh lingerie factory

assorted-colored bra panties, and sport bra

Kaixi Fashion Bangladesh Co Ltd is a Chinese textile company that has announced a 6 million dollar investment in Dhaka’s lingerie industry.

assorted-colored bra panties, and sport bra

The new factory will produce annually 24 million pieces of ladies’ intimate wear and create over 2,000 jobs in the region. They manufacture, distribute, and sell products that range from traditional knitting lingerie bras, panties, and ‘invisible’ straps and bra pads.

Kaixi exports the majority of its production to the UK, France, Spain, Germany, Australia and Chile.