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

Courtesy: Trinity Kubassek from Pexels

Textiles | On 19th Aug 2018

Australian wool production to fall 5.7% in 2018-19

Shorn wool production in Australia is likely to fall by 5.7 per cent...

Courtesy: Next Level Apparel

Apparel/Garments | On 19th Aug 2018

Blue Point Capital recapitalises Next Level Apparel

Blue Point Capital Partners has recapitalised Next Level Apparel, a...

Retailers approaching 100% inventory accuracy: Study

Apparel/Garments | On 19th Aug 2018

Retailers approaching 100% inventory accuracy: Study

With computer vision use cases maturing, Artificial Intelligence (AI) ...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Davide Vigano
Sensoria

Sensoria is a leading developer of smart garments and IoMe (Internet of...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Igor Chapurin
Chapurin

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

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search