News

Taiwanese firms invest in Bangladesh

23/05/2008

Two Taiwanese companies will set up shoe manufacturing facilities in the Karnaphuli Export Processing Zone in southern Bangladesh at total cost of $93 million.Genfort Shoes will invest about $47 million in its new site, where it hopes to produce 5 million pairs of shoes a year.Another company, Xin Chang Shoes, will invest just slightly less in its ...

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