Textile Buzz

Bangladesh has one of the friendliest investment environment especially in the garments industry. Chain-Bangladesh investment relationship is improving rapidly and both the nations are being benefited out of this. Bangladesh attracts thousands of investors in its garments manufacturing facility every year and china is the biggest investor in the countries growing garments and textile sector. There are many reasons behind the China-Bangladesh investment relationship and the lowest labor cost is the main reason for china to invest in Bangladesh. Production cost of China is Growing The increasing production cost remains the most important fact for china to shift its garments and textile investment to Bangladesh. China has the third highest production cost among the top 10 garments manufacturers . Previously China emerged as a global textile and garments power because of its huge workforce and lowest labor cost. As per a report in 2018, the minimum wage of china f...