Dhaka, Oct. 20 -- owned SBS Zipper Bangladesh Co Ltd has started commercial operations at the BEPZA Economic Zone-01 in Mirsharai, Chattogram, with plans to employ more than 2,000 local people once its factory reaches full capacity.

The company formally inaugurated its operations on Tuesday, having invested US$15.51 million against a proposed investment of US$19.97 million, according to a press release.

The factory, established on six industrial plots, manufactures various types of zippers, zipper components, plastic buttons and related accessories.

It currently employs 140 Bangladeshi workers. The company expects to expand its workforce to over 2,000 as operations reach full scale.

The inauguration ceremony was attended by the SBS Zi...