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Korean FDI in textiles increases

According to the Central Bank Statistics, net inflow of FDI from South Korea in the textile and weaving sector surpassed $100 million.

Korean companies invested $103.05 million in Bangladeshi textile and weaving sector in 2017, which was $100.83 million in 2016.

Total FDI in net terms from South Korea stood at $179.80 million in the past year, which was $151.33 million in 2016.

FDI stock from the country had reached $1088.52 million up until 2017. Out of this total stock, around $877.71 million went to the textile sector alone during the period under review.

 

 
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