Investment in textile enterprises in Bangladesh

1. Oriental International Group Shanghai Litai import and Export Co., Ltd. in Bangladesh production base - Oriental charm Knitting Co., Ltd.: the company has nearly 300 computerized flat knitting machines and various supporting production equipment in Bangladesh factory, with nearly 1000 production personnel, an annual output of 1.2 million woolen sweaters and an export value of more than 10 million US dollars, and plans to expand the production capacity.
2. Chittagong South Korea export processing zone is a world-class textile and garment processing zone invested and built by South Korea Yongyuan international trade company in Bangladesh. The park has superior geographical location, built-in standardized factory buildings and complete supporting facilities; provides investors with a window for the global market; the surrounding labor resources are sufficient and of high quality; the infrastructure is complete; the transportation is convenient; the import and export are free of tariffs. The park covers an area of 428795 square meters, a building area of 168461 square meters and a production area of 162642 square meters. At present, there are three factories for clothing, shoes and accessories, which process woven and knitted clothing, jackets, pants and shoes, as well as stuffing, lining and quilting.
3. Li Decheng Clothing Co., Ltd.: Mr. Zhuang Lifeng, the founder of the company, came to Bangladesh to invest and build a factory as early as 1995. After more than 20 years of development, lidecheng has become the "leader" in the industry. It mainly produces underwear, children's wear and sportswear, and also manufactures for European and American famous brands. It is the largest Chinese clothing company in Bangladesh. Li Decheng's successful experience: first, based on small things and take a long view. "Do every little thing well" is the core concept of lidcheng's operation and management. At the same time, the company has also made a long-term development plan: grasp the pulse of fashion; develop its own brand; actively develop the market. Second, treat employees well and contribute to the community. Li Decheng has established a good management system to protect the rights of employees and ensure that they can devote themselves to their work. At the same time, the company also strives to cultivate good relations with surrounding communities.
The biggest advantages of Bangladesh are: (1) market economy, and the government does not interfere in the operation of enterprises; (2) it is convenient to recruit more workers, and the average wage of workers is about $170 per person per month, but the quality of workers is low, the education level is not high, the employment is large, the efficiency is low, and training work is required; (3) investment in clothing industry has advantages, and there is little or no tax for export to the United States and the European Union.
The disadvantages are: (1) the land is private, the infrastructure needs to be built by ourselves, the infrastructure needs to be high, the investment is large, and the basic traffic jams are serious; (2) there are cultural differences, it is a Muslim country, and the management is difficult; (3) the policy changes fast, and the randomness is great; (4) the textile industry chain is not perfect, and the raw materials need to be imported; (5) the power is not enough, and the power fee is 10 cents per degree.

2、 Investment in textile enterprises in Malaysia
1. I visited Malaysian investment development bureau and textile chamber of Commerce to learn about Malaysian policies on textile investment. Malaysia has a high quality labor force and a good education foundation, which can provide enterprise managers. However, most of the ordinary workers are foreign workers. The labor cost is about 250 dollars per person per month, and the quota should be given through the government's assessment of the enterprise. Labor intensive enterprises are not encouraged to invest. Enterprises with high technology content, less employment and pollution are encouraged to invest in the establishment of factories. The electricity is relatively sufficient, and the electricity fee is 10 cents per kilowatt hour. It is up to the government to assess how much tax rate reduction or exemption is required for investment enterprises approved by the government. Malaysian government services are in place, investment environment is good, infrastructure is good, logistics is convenient, fast and cheap, and there are many ports. In terms of import and export, Malaysia is an ASEAN country with many free trade agreements and low tariffs.

2. Shandong daiyin Group Malaysia cotton spinning company: at present, the company has completed the first and second phase spinning 250000 spindles project. The first phase of 100000 ingots was started in March 2014 and put into production in May 2015; the second phase was started in 2017 and put into production in May 2018. We have now increased our exports by 100 million US dollars. At present, the third phase of the project is under preparation, with a total project of 500000 ingots. It is the largest textile project invested by Chinese enterprises in Malaysia with a total investment of 400 million US dollars.

Source: China Cotton Association

Xiangda Machinery Co., Ltd. was founded in 1979 and Nanhai Xiangda Machinery Co., Ltd. "bioshoe baoxiong brand" was established in 1997 in China. It is a professional manufacturer of internal and external line machines for shoe making. At the same time, the company needs to optimize its business structure. The company is located in Foshan City, the economically developed Pearl River Delta, with a total area of 15 mu and a total investment of 5 million US dollars.

Main products: baoxiong,baoxiong brand,baoxiong inner thread sewing machine,baoxiong outer thread sewing machine,inner thread sewing machine, large bottom sewing machine, mark car, Martin boot outer thread sewing machine, tooling boot outer thread sewing machine, double line lockstitch seat type inner thread sewing machine, sewing lockstitch mark machine, ultra-high speed outer thread sewing machine, vertical inner thread sewing machine
Official website: www.xdbioshoe.com
Hotline: 13433109413
Address: No.2 Nanxing Road, Honggang village, Lishui Town, Nanhai District, Foshan City, Guangdong Province