Bangladesh Special Economic Zone (BSEZ), the first and only Model Economic Zone of Bangladesh, has signed a Land Sublease Agreement with Leaders Label Material (Bangladesh) Co., Ltd. (LLB) on 13 January 2026, marking a significant milestone in attracting high-value, export-oriented manufacturing to the zone.

Leaders Label Material (Bangladesh) Co., Ltd. is a subsidiary of Huzhou Lingxian Silk Ribbon Co. Ltd., headquartered in Huzhou, Zhejiang, China. The group is a well-established and reputed player in the tag, label, and RFID solutions industry, serving global apparel, textile, and retail brands. With advanced manufacturing capabilities and a strong focus on innovation, the company is widely recognized for producing high-quality tags, labels, and RFID-enabled products that support traceability, branding, and supply-chain efficiency.

Recognizing BSEZ’s strategic location, modern infrastructure, and investor-friendly ecosystem, Leaders Label Material has selected BSEZ as its first choice and first manufacturing destination in Bangladesh. Under the agreement, LLB has been allocated 1 hectare (10,000 square meters) of land within BSEZ to establish its new production facility. The company plans to commence construction of the factory within the second quarter (Q2) of 2026. The proposed facility is expected to involve an initial investment of approximately USD 15–20 million, reflecting the company’s long-term commitment to Bangladesh and confidence in BSEZ as a competitive manufacturing hub.

The establishment of Leaders Label Material’s factory at BSEZ is expected to contribute to technology transfer, employment generation, and integration of Bangladesh into global value chains, particularly in the apparel and textile accessories segment. The project also aligns with BSEZ’s vision of attracting environmentally responsible, export-oriented, and high-value industries.

BSEZ warmly welcomes Leaders Label Material (Bangladesh) Co., Ltd. and looks forward to providing full facilitation and support to ensure the timely implementation and successful operation of the project.