Published: 10:15 AM, 01 July 2026
Italian-Irish venture to invest $21.6m in BEPZA's Mirsharai EZ
Another foreign investment has been added to the BEPZA Economic Zone (BEPZA EZ) operated by the Bangladesh Export Processing Zones Authority (BEPZA). Deltaport Footwear Limited, a venture of Italian and Irish investors, has signed a land lease agreement with BEPZA to establish a modern footwear manufacturing plant at the BEPZA Economic Zone in Mirsharai, Chattogram.
The company will invest US$ 21.60 million to manufacture a wide range of footwear products. This investment is expected to contribute significantly to the diversification of Bangladesh’s export-oriented footwear industry while creating employment opportunities and generating foreign currency earnings.
The agreement was signed on Tuesday at the BEPZA Complex in Dhaka. On behalf of BEPZA, Md. Tanvir Hossain, Executive Director (Investment Promotion), signed the agreement, while Junaid Iqbal Umerani, Chief Executive Officer of Deltaport Footwear Limited, signed on behalf of the company. Major General Mohammad Moazzem Hossain, ndc, afwc, psc, G, MPhil, Executive Chairman of BEPZA, witnessed the signing ceremony.
Once fully operational, the factory will create employment opportunities for 468 Bangladeshi nationals. The plant will produce around 3 million pairs of injected, cemented, casual, formal, ladies, and safety shoes annually. The company expects to generate annual export earnings of approximately US$ 37.5 million. The project aims for an annual export turnover of US$ 37.5 million, targeting export markets in Italy, Europe, the UK, the USA, and Colombia.
Speaking at the signing ceremony, Major General Mohammad Moazzem Hossain, Executive Chairman of BEPZA, welcomed Deltaport Footwear Limited as a valued investment partner of the BEPZA family. He said, “BEPZA is continuously enhancing its infrastructure, services and investment facilities to provide investors with a more convenient, modern and business-friendly environment.
We believe this investment will further strengthen Bangladesh’s export competitiveness while creating new employment opportunities.” Junaid Iqbal Umerani, CEO of Deltaport Footwear Limited said, “This is our third investment in Bangladesh, and all three are located within BEPZA-administered zones. As part of our regional business expansion strategy, we evaluated several potential destinations, including India and Vietnam.
However, Bangladesh- particularly BEPZA- offered the most attractive investment destination due to its investment-friendly environment, professional services, reliable infrastructure and our long-standing positive experience.”
He further added, “Since making our first investment through Eastport Limited at Cumilla EPZ in 2013, our experience of working with BEPZA has further strengthened our confidence.
Building on that confidence, we are pleased to expand our investment through this new project.”
Among others, Abdullah Al Mamun, Member (Engineering); A N M Foyzul Haque, Member (Finance); Samir Biswas, Executive Director (Administration); A.S.M. Anwar Parvez, Executive Director (Public Relations); senior officials of BEPZA along with Uttam Kumar Talukdar, representative of Deltaport Footwear, were present at the signing ceremony.
