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Textile entrepreneurs to shift production facilities to Bangladesh

18 May '06
1 min read

Low production cost in Bangladesh attracting Turkish textile entrepreneurs to shift production facilities to Bangladesh, said M A Awal, Chairman, Bangladesh Textile Mills Association (BTMA).

A 20-member delegation of Dyeing-Printing-Finishing Association of Turkey is planning to visit Bangladesh by the end of this month to identify investment opportunities.

Awal said Turkish textile manufacturers are in search of cost-effective investment destinations.

Bangladesh-Turkey Investor Forum in July would be a successful initiative, said BTMA President.

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