Exporters Hope for Revival Plan as Beximco Aims to Restart Operations
Beximco Group, one of Bangladesh's largest apparel exporters that shut down operations due to massive debt and loss of banking support, is seeing renewed hope with a Chinese-backed restructuring plan. The group had previously failed in securing $20 million from Japan-based Revival Group last year but now aims to complete the rescue effort with government cooperation.
Topics: Bangladesh apparel industry Beximco debt restructuring factory closures international investment