China has expressed a strong interest in establishing a Special Economic Zone (SEZ) in Mongla, primarily aimed at enhancing trade relations and boosting investments in the Ready-Made Garments (RMG) sector, as announced by the Bangladesh Investment Development Authority (Bida).
Manufacturing News
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South Korean companies are preparing to make large investments in Bangladesh's clothing and ready-made garment (RMG) industries, thanks to the interim government's proactive measures to enhance the investment climate.
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The Bangladeshi Government is set to accelerate infrastructure development for the Chinese Economic and Industrial Zone (CEIZ) as part of its strategy to attract investment from China, the world's second-largest economy, as per reports.
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Chinese investment in Bangladesh's ready-made garment (RMG) sector is witnessing a significant surge, as evidenced by recent agreements signed in the Bepza Economic Zone (EZ) in Mirsharai, Chittagong, as per reports.
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Manufacturing
American & Efird expands global presence with new manufacturing facility in Chittagong
American & Efird (A&E), a leading global thread supplier, has officially inaugurated its 24th manufacturing facility in Chattogram.
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Safety Garments Bangladesh Co Ltd, a Chinese company, has announced a US$12.25 million investment in the Mongla Export Processing Zone (Mongla EPZ), which is a major boost for Bangladesh's garment industry.
