Turkish Sanko Group Commits $300 Million to Build Integrated Textile Facility in Bangladesh Mirsarai

Dhaka, July 28, 2026 — Turkish textile manufacturer Sanko Group has unveiled plans to invest $300 million in a modern integrated textile manufacturing facility at the Mirsarai industrial zone in Bangladesh, marking one of the largest Turkish investments in the country's textile sector. 🏭 The announcement came during a meeting between a Sanko Group delegation and Khandakar Abdul Muktadir, Bangladesh's Minister of Commerce, Industries, and Textiles & Jute, on July 28, 2026. 🤝

👔 Md. Shariful Alam, State Minister for Textiles and Jute, also attended the meeting, underscoring the government's high-level engagement with the proposed investment. The project is expected to strengthen Bangladesh's textile value chain, create significant employment, and support higher-value textile exports to international markets. 📈

🏭 Project Scope and Manufacturing Focus

🏗️ Sanko Group said it plans to move beyond supplying textile products from Turkey by establishing a full-scale manufacturing base in Bangladesh. The new facility will produce:

• 🧵 Fabrics — woven and knitted textile manufacturing
• ⚙️ Advanced textile processing — dyeing, printing, and finishing
• 💎 High-value textile products — for international export markets
• 🔋 Coal-free energy management — environmentally friendly operations

📊 The company said Bangladesh's skilled workforce, strong export industry, and favourable investment climate were the main reasons behind its decision to invest. Sanko Group has completed preliminary site selection and started discussions with local partners, according to the Textile Today report. 🎯

📅 Construction Timeline and Government Support

⏱️ Construction is expected to take 12 to 18 months after receiving government approvals, with commercial operations planned to begin shortly after the approvals are completed. The company has requested government support for:

• ⚡ Reliable gas and electricity supplies — critical for textile manufacturing
• 📋 Faster regulatory approvals — to expedite project implementation
• 🌱 Environmentally friendly technologies — the factory will use coal-free energy management

🏛️ Minister Khandakar Abdul Muktadir welcomed the investment proposal and assured the company of full government support. He said Bangladesh remains committed to providing a business-friendly environment, modern infrastructure, and policy support for large-scale foreign investments. 🤝

"The investment will support the modernization of Bangladesh's textile sector through advanced technology, employment generation, and greater export diversification."

💰 Investment Significance for Bangladesh

🌐 The $300 million investment is significant for several reasons:

• 🏭 Technology transfer — Sanko Group will introduce advanced manufacturing technologies to Bangladesh
• 📈 Value addition — the project aims to help local manufacturers increase value addition and improve competitiveness in global markets
• 👥 Employment generation — significant job creation expected in the Mirsarai region
• 🌍 Export diversification — high-value textile products will diversify Bangladesh's export portfolio beyond basic garments
• 🇹🇷 Turkey-Bangladesh trade ties — strengthens bilateral economic cooperation between the two countries

🏭 Mirsarai Industrial Zone Context

📍 The Mirsarai industrial zone, also known as the National Special Economic Zone (NSEZ), is being developed as one of Bangladesh's largest industrial hubs. The zone has recently received approval for significant infrastructure investments:

• 🛣️ Tk 1.23 billion road network contract — awarded to Monico Limited for Sub Zones 6, 7, 11, and 18
• ⚡ Tk 2.12 billion power network contract — awarded to Reverie Power & Automation Engineering Ltd
• 🏗️ Total infrastructure investment — approximately Tk 3.35 billion under BEZA

📊 These infrastructure projects are expected to strengthen transport connectivity and electricity infrastructure within the National Special Economic Zone, supporting industrial development and investment in the Mirsarai economic zone. The Sanko Group investment will benefit directly from this improved infrastructure. 🚀

🔮 Strategic Context and Future Outlook

📈 The Sanko Group investment comes at a critical time for Bangladesh's textile sector, which has been facing challenges including gas shortages, high energy costs, and global competition. The investment signals continued foreign confidence in Bangladesh's textile manufacturing capabilities despite these challenges. 🎯

🌐 For Sanko Group, the Bangladesh facility represents a strategic shift from supplying textile products from Turkey to establishing a manufacturing base closer to key Asian markets. The company's commitment to coal-free energy management and environmentally friendly technologies aligns with global sustainability trends and Bangladesh's growing emphasis on green manufacturing. 🌱

📋 The project also supports Bangladesh's broader goal of attracting foreign direct investment (FDI) in the textile sector to enhance technology, create jobs, and diversify exports ahead of LDC graduation. With construction expected to begin within 12-18 months, the facility could be operational by 2027-2028, contributing to Bangladesh's textile export growth in the coming years. 📊