Pakistani Textile firms to relocate to Bangladesh- promised electricity and low taxes

[Sachaydino]

Re: Pakistani Textile firms to relocate to Bangladesh- promised electricity and low t

@Ali_Syed

^ the reasons are mentioned in the article, the loadshedding of electricity and gas is worst in Punjab especially faisalabad which is pakistan’s leading textile producer. Cost of production is increasing as every other day the prices of electricity is increasing, it seems that Bangladesh provides subsidies and incentives to industries out there. The labour in Bangladesh is cheaper as compared to middle east and then they have access to the European union. It seems that the industrialists are not going to Bangladesh but the government is forcing them to go.

That is fine. Bengladesh is also a Muslim country once it was East Pakistan. After getting independence its economy has surpassed West Pakistan’s economy.