Pakistan Textile Clothing Factory Moves To Other Countries To Cause Worries

according to Pakistan Daily Times reported on November 11th, as Pakistan's domestic energy crisis continued, business environment deteriorated and production costs remained high, some textile and garment manufacturers began moving factories to neighboring Bangladesh or opening new factories in Bangladesh.

reported that the establishment of textile and garment factories in Bangladesh has many advantages: Meng ensures that uninterrupted power supply is provided for textile mills, electricity price is 35% lower than that of Pakistan; Menlo has lower power prices and higher production efficiency; Meng “ least developed countries ” textiles can enjoy preferential tariffs to enter developed countries.

Overall, the cost of operating a textile mill in Bangladesh is lower, and the overall profit is 30% higher than that of the ba.

In addition, many international buyers have set up offices in Bangladesh.

In contrast, because of the shortage of power, there are frequent orders delays in Pakistan textile mill.

analysts are worried that if the Palestinian government does not take effective measures to stimulate the development of the textile and garment industry, the trend of Pakistan textile factory moving to Meng Qian will continue. It will not only frustrate Pakistan textile industry, but also directly affect the employment of millions of textile workers.