Blue Ocean Footwear Limited (B0FL) is a joint venture between Apex Enterprise Limited and Green Ocean International Limited that aims to be a leading manufacturer and exporter of fashionable leather footwear from Bangladesh. The Sponsors of Blue Ocean have between them more than 36 years of shoe production experience – with Apex being at the forefront of the footwear export sector in Bangladesh for over two decades, and Green Ocean making its mark internationally with annual exports of more than 10 million pairs through its operations in Taiwan, China, Vietnam, Cambodia and now Bangladesh. The company's custom built state of the art factory is fully compliant with industry best standards and practices. In its first phase the factory has two floors with a combined area of over 17,400 square meters and is fast approaching maximum capacity utilization . The second phase of expansion will see additional two floors to bring the total built up area to over 33,300 square meters. In the coming years, Blue Ocean projects to create 4000 new jobs in the footwear industry.