BGMEA, OCAIB launch initiative to attract Chinese investment, joint ventures in RMG sector
Dhaka, Aug. 4 -- The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Overseas Chinese Association in Bangladesh (OCAIB) have launched a joint initiative to strengthen the upper supply chain and backward linkages of the country's ready-made garment (RMG) sector by attracting foreign investment and modern technology.
The decision was taken during a bilateral meeting between BGMEA leaders and a high-level OCAIB delegation at the BGMEA Complex in Uttara on Tuesday.
The discussions focused on boosting Chinese investment in the apparel sector, introducing new capital and advanced technology into operational or closed factories, and facilitating strategic joint ventures.
BGMEA President Mahmud Hasan Khan led the ass...
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