[QODLink]
Central & South Asia

Bangladesh faces garment race with Myanmar

Neighbour invests in port to lure investors from Bangladesh, world's second-largest garment exporter.
Last Modified: 15 Dec 2012 11:11

Bangladesh, the world’s second largest garment exporter, wants to take over China’s spot as the number one nation in the industry.

It has a young workforce, a minimum wage three times lower than China’s, and preferential treatment under European import laws.

There are major challenges to overcome, however, including power shortages, poor infrastructure and an ageing sea port.

Bangladesh’s neighbor, Myanmar sees an opportunity in those shortcomings. It is investing in a huge new port to lure investors.

Al Jazeera’s Nicolas Haque reports from Teknaf district on the border with Myanmar.      

91

Source:
Al Jazeera
Topics in this article
People
Country
Featured on Al Jazeera
Muslim volunteers face questioning and threat of arrest, while aid has been disrupted or blocked, charities say.
Six months on, outrage and sorrow over the mass schoolgirl abduction has disappeared - except for families in Nigeria.
ISIL combatants seeking an 'exit strategy' from Mideast conflict need positive reinforcement back home, analysts say.
European nation hit by a wave of Islamophobia as many young fighters join ISIL in Syria and Iraq.
Featured
Lack of child protection laws means abandoned and orphaned kids rely heavily on the care of strangers.
At least 25 tax collectors have been killed since 2012 in Mogadishu, a city awash in weapons and abject poverty.
Since she was 16-years-old, Scottish Nationalist Party's Sturgeon has strove for independence from the UK.
Armed group's ransom success with German hostages marks a re-emergence, as authorities investigate ISIL links.
Western nations are moving into the resource-rich country after decades of disinterest, challenging China's interests.