Bangladesh Needs A Lot Of Textile Raw Materials And Textile Machines.

Bangladesh has made frequent strikes in recent years, especially in the export processing area.

The reasons for the strike are manifold, sometimes because the workers ask for a raise, sometimes the employee is abused or unreasonable.

According to UN estimates, the annual losses caused by strikes account for 4% of GDP.

The supply of raw materials such as cloth and yarn is insufficient in Bangladesh.

The output of cloth products in Bangladesh almost has an annual growth rate of two digits.

Because of the strong demand of the market, only about 50% of the demand can be met. In order to narrow the gap between supply and demand, Bangladesh will invest or attract foreign capital to build a series of spinning and weaving factories in the future. This will undoubtedly bring huge investment opportunities to our spinning enterprises.

China's textile machinery industry has developed very rapidly in recent years, not only the spinning frame, but also other equipment such as blowing carding unit, comber, drawing frame, roving machine, Winder, and some chemical fiber equipment, etc., can meet the needs of Bangladesh customers in terms of product quality and reliability.

At present, many textile factories in Bangladesh use equipment from Germany, Japan and other countries.

Although the performance is superior, but the price is high.

As China's textile machinery has an absolute competitive advantage in price, it is expected to have an increasing share in the market of Bangladesh textile machinery.

Although the official administration of the monarchy has become corrupted by corruption, a strong anti-corruption storm has been carried out after the current administration of the provisional government, resulting in the collapse of a large number of officials involved, but it has not fundamentally reversed the habit of corruption.

Starting a business in Bangladesh requires contacts with government officials at different levels, such as land purchase, telephone opening, business license and work permit for foreign employees.

Set up factories overseas

The amount of money is large, and the enterprise's own strength is limited, so it is necessary to lend to the bank. Although the Chinese government has discount interest support, the loan conditions for domestic banks to invest in enterprises for a long time are still harsh, and it does not really reflect the preferential financing arrangements for "going out" enterprises.

If enterprises are required to have financing guarantee and capital verification certificate, they do not recognize loans for overseas investment in new assets, and the repayment period of long term loans is too short. Some enterprises can not get effective financing support.

Embarrassingly, in Mencius

In order to obtain the certificate of origin, processing enterprises have to use more than 70% of the local raw materials. Due to the lack of proper processing and processing, many garment processing enterprises often fail to meet the needs of garment production and lead to the delay in delivery.

According to Meng Cheng garment manufacturers and Exporters Association, there are still more than 2 billion square meters of dyeing and finishing gap to be filled at present.

Bangladesh's infrastructure such as water, electricity, gas supply, pportation, ports and so on is weak.

The Asian Development Bank called Chittagong "a deadlock in the supply chain".

The average time for a container in port is 15 days.

encounter

Congestion or worker strike may not be able to ship or pick up goods for more than 30 days.

In order to abide by the contract and deliver the goods on time, the exporters sometimes have to choose air pportation, which often causes great losses to the export enterprises.

Electricity supply is scarce, and production activities are often cut off due to power failure.

Once the dyeing and finishing equipment is shut down, it will cause uneven dyeing.

In order to solve the power supply problem, almost all Mongolia textile enterprises use natural gas to generate electricity.

Natural gas power generation is cheap, and it has solved the power supply problem at present, but this is far from a permanent solution, because Meng Tianran gas supply is tight. If no new gas field is found and exploited, the supply of Meng natural gas will be exhausted by 2015.

Farmers are unwilling to grow cotton in limited land, resulting in a serious dependence on imported raw materials. This is the biggest problem encountered by Bangladesh's textile industry.

According to statistics, 95% of the cotton used in Bangladesh textile industry, 80% of the yarn used for weaving and 70% of the grey fabric for printing and dyeing all need to be imported.

Therefore, the supply of Bangladesh textile materials is heavily dependent on the import market. If the supply of cotton in the international market is tight, it will inevitably lead to tight supply of local fabrics. The investment enterprises in Bangladesh will inevitably face the embarrassing situation that they have to import large quantities of cloth, but it is very difficult to obtain the certificate of origin.