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Bangldesh apparel-makers strongly opposing FDI in readymade garment sector

Related Keywords: Bangladesh apparel manufacturer, BGMEA, increase garement imports, Japanese investor, no FDI in readmady sector, readymade garment product

Japanese investors are showing interest in producing basic readymade garment products like pants and shirts. They have also assured of increasing garment imports from Bangladesh, which is strongly opposed by Bangladesh apparel manufacturers that there would be no foreign direct investment (FDI) in the country’s booming readymade sector, claiming that they are capable of manufacturing those, said Reaz bin Mahmood, vice-president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

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