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Turkey's Sanco firm may invest $300 million in Bangladesh

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Turkey's Sanco firm may invest $300 million in Bangladesh
Photo: jagonews24.com

Points clés

  • Turkey's Sanco firm may invest $300 million in Bangladesh
  • The investment is planned for establishing a textile production facility in the Mirasaray region
  • The facility will produce fabric, fabric processing, and valuable textile products

En chiffres

$300 million

Turkey's leading textile company Sanco has announced a $300 million investment plan in Bangladesh. Sanco aims to establish a textile production facility in the Mirasaray region of Bangladesh, which will produce fabric, fabric processing, and valuable textile products. This move by Sanco could give a new impetus to Bangladesh's textile sector and increase the country's foreign trade.

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Questions fréquentes

Why does Turkey's Sanco firm want to invest in Bangladesh?
Sanco firm wants to evaluate the potential of Bangladesh's textile sector and opportunities to increase foreign trade.
Which sector is the investment focused on?
The investment is focused on the textile sector.
What will be the production capacity of the facility?
The facility's production capacity is planned for producing fabric, fabric processing, and valuable textile products.

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