PLEASE NOTE: This site uses cookies and similar technologies.

If you do not change your browser settings you are agreeing to their use.

Ecotexile News
Ecotexile News
Ecotexile News
Ecotexile News
Social Media
Home Twitter Facebook Linked In RSS Feed
Published on Thursday, 23 June 2016

One in four Bangladesh factories face major remediation costs

Written by Brett Mathews

GENEVA – Excessively high interest rates and a lack of financial literacy are highlighted as major obstacles to factories in the Bangladesh Ready Made Garment (RMG) sector from obtaining remediation finance according to a report by the International Finance Corporation (IFC) and International Labour Organization (ILO). The report suggests a quarter of all factories will require major retro-fitting remedial work and as such are facing remediation costs that in extreme cases can reach US $1.5 Million.


THE ECOTEXTILE NEWS BACK ISSUE ARCHIVE

Job of the Week

Colouration Manager
Avocet Dye & Chemical Co. Ltd

Avocet Dye & Chemical Co. Ltd are seeking a Colouration Manager, reporting to the technical director. Would suit someone who has previously held the role of Dyehouse manager.

Need to advertise a job? Email: info@mclglobal.net to promote your listing through Careers in Textiles.

Reference Tools