China Eyes Bangladesh’s Sustainable Textile Sector with New Investment Plans
Bangladesh’s textile and apparel industry could see substantial growth following a series of investment proposals from Chinese companies, with recycled textile manufacturing and export logistics emerging as key areas of interest.
Among the proposed investments, Chinese company Huaxin Textile Industry Co. Ltd. has announced plans to invest US$190 million in establishing recycled cotton and yarn production facilities at the Payra Port Industrial Zone. The project is expected to strengthen Bangladesh’s sustainable textile manufacturing capabilities and support the growing global demand for recycled textile products.
The proposals form part of a broader US$9.21 billion investment package submitted by 12 Chinese companies during meetings between Bangladesh Prime Minister Tarique Rahman and Chinese business leaders in Beijing.
Beyond textile production, several proposals focus on enhancing Bangladesh’s export and logistics infrastructure. SF Express has proposed investing US$180 million in developing cold-chain logistics and bonded warehouse facilities in Mongla, aiming to improve supply chain efficiency and facilitate smoother export operations.
Additionally, China Civil Engineering Construction Corporation (CCECC) has put forward a US$650 million proposal to develop and operate the Mongla Port Economic Zone. The project includes logistics hubs and bonded warehousing facilities designed to strengthen support for Bangladesh’s textile and apparel exporters.
The proposed investments highlight growing Chinese interest in Bangladesh’s manufacturing and export sectors, while also supporting the country’s ambitions to expand sustainable textile production and modernize trade infrastructure.