Home / Knowledge / News / Textiles / Govt urges enterprises to invest in Bangladesh
Govt urges enterprises to invest in Bangladesh
18
Jun '08
With the aim of providing local enterprises the opportunity to explore markets in South Asia, the Government of Taiwan will make arrangements to allow business delegates to visit Bangladesh in July.

Presently, there are some 33 Taiwan enterprises investing in Bangladesh and the Taiwan Runwing Textile Co Ltd which owns about 10,000 workers in the country is just one of them.

Another firm, Oudima Women Shoe Manufacturer operates in Bangladesh while mainly exporting a large part of its goods to Japan.

The Government of Taiwan was right in assuming that the textile and clothing industry in Bangladesh has the advantages of low labor wages, duty-free access to US and EU markets for exports and rich human resource.

Additionally, Bangladesh will also cater favorable policies in many areas in order to attract foreign investments and this would allow Taiwanese enterprises to reduce their cost of production and operation.

Taiwanese Government has therefore given an impetus to domestic enterprises asking them to consider Bangladesh as an important production base while exploring foreign markets.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

PVH Corp Q1 2017 revenue rises 4%

The first quarter revenue of fiscal 2017 at apparel marketer PVH Corp ...

Courtesy: Levi Strauss & Co

Apparel/Garments | On 26th May 2017

LS&Co. to fund water saving solutions

LS&Co. will fund to the tune of more than $350,000 the solutions...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search