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The RMG sector of Bangladesh has helped the economic growth enormously. When the investors first came in, the government allowed 100% ownership for foreigners. The industry started with one factory in 1970; the number increased to eight factories in 1977. There were about 587 factories in 1984, 2650 in 1998 and 3300 in 2004...
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When the investors first came in, the government allowed 100% ownership for foreigners. The industry started with one factory in 1970; the number increased to eight factories in 1977. There were about 587 factories in 1984, 2650 in 1998 and 3300 in 2004. (Fritsch). After two decades of phenomenal growth the sector is destined to make a transition under phasing out of Multi Fiber Agreement (MFA) in 2005 through implementation of the Agreement on Textile & Clothing (ATC)...
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Women Empowerment In RMG Sector
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