After registering a record inflow of Foreign Direct Investment (FDI) in textile and apparel sector worth US $ 445.82 million in financial year 2014, the slump in FDI in the subsequent years was reversed in FY 2016 after Bangladesh registered 11 per cent growth compared to FY 2015 (when it was US $ 351.62 million), recording net FDI inflow of US $ 396 million in the last fiscal year.
This is according to the latest figures released by the central bank of the country.
Also Read – FDI inflow in Bangladesh better than ever
According to reports published in the news dailies of Bangladesh, of the total foreign investment in textile and clothing in the last fiscal year, around US $ 222.86 million was reportedly injected as reinvested earnings of the current companies operating in Bangladesh.
South Korean firms, mostly in the Export Processing Zones (EPZs), reportedly invested US $ 111.61 million, which is almost one-third of the FDI, in the textile sector, followed by Hong Kong, which invested US $ 89.07 million.
Also Read – Bangladesh attracts US $ 2.23 billion in FDI
It may be mentioned here that Bangladesh enjoys tariff-free market access in the EU, Canada, Australia and many other developed countries of the world except the United States, in which the average tariff of apparels from Bangladesh is around 15 per cent.
Bharat Tex Special Report 2026 
