Apparel maker Nor-Pearl Knitwear Ltd is set to invest US$5.77 million in setting up a yarn dyeing and sweater manufacturing plant in Comilla Export Processing Zone.

The foreign-owned company, a joint venture between Hong Kong- and Mauritius-based firms, said the facility would have an annual output of 4.36m pounds of dyed yarn and 2.70m sweaters, pullovers and cardigans.

It added the plant would create jobs for 2421 Bangladeshi workers and 17 foreign nationals.