📋 Tender Overview
Youngone Corp., a South Korean original design manufacturer (ODM) for foreign outdoor brands such as The North Face and Nike, will build an R&D center in Bangladesh by 2027 for weaving, printing and design.
The R&D center will be composed of seven divisions for textiles, design and other operations. It will hire 2,000 employees, including 20 professors and 30 researchers with master’s or doctoral degrees, by 2027.
Near the facility, it will establish a university-level educational institution with textiles to clothing design curriculums for its employees from the end of next year in commemoration of its 50th anniversary this year.
The institution will collaborate with Korean and foreign universities to develop cutting-edge technologies, Sung said in an interview with The Korea Economic Daily.
Later on, it will open the doors of the education center to those from the outside. Youngone manufactures clothes for global sportswear brands, including Patagonia, Adidas and Lululemon, under licensed agreements.
