Bangladesh attracts more global factories, from Japan's Lion to Godiva

Manufacturers drawn to cheap labor and growing market in effort to diversify

20240620N Lion Bangladesh

Construction of a Lion factory began at the Bangladesh Special Economic Zone in May. (Sumitomo Corp.)

TAKEHIRO HASEGAWA, Nikkei staff writer

TOKYO -- Manufacturers from around the world are building factories in Bangladesh, tapping the cheap labor in the South Asian country while betting on swift growth in its consumer market.

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