Overseas Chinese Association in Bangladesh (Ocab), believes that Bangladesh will experience increased investment in the textile and clothing sectors due to a favorable business environment.

According to the annual report of the Bangladesh Bank, China invested $465.17 million and Hong Kong invested $179.22 million in the July–June period of FY22, bringing the total Chinese investment to $644.30 million. The USA was the top investor with $661.12 million in investment in FY2022, which was 19.2% of the total foreign direct investment.

One example of such investment is the South China Bleaching and Dyeing Limited, a 100% export-oriented Chinese company that has invested $150 million in the Dhaka Export Processing Zone with an employment of 10,000 workers and employees. As a rapidly growing multinational organization in Bangladesh, South China Limited has earned a solid reputation locally and globally in the textile and clothing sectors over the years.

The mission of the Overseas Chinese Association in Bangladesh is to foster a relationship between the two nations and two cultures. Bangladesh Investment Development Authority (Bida) attributes to the country becoming a hub of investment in the South Asian region and it is expected that Chinese investment in Bangladesh will continue to rise in the coming days.

Hong Kong also has become one of the leading investors in Bangladesh, pouring $1.8 billion to date mainly in the textile and energy sectors, with bilateral trade reaching over $1 billion.