Bangladeshi Ananta Group wants to invest $8 mn in Ethiopia

Bangladesh’s Ananta Apparels Limited, a unit of the Ananta Group, has sought Bangladesh Bank’s approval to invest $8 million in Ethiopia to set up an apparel factory there. The company submitted its proposal recently to the central bank claiming it wants to benefit from the tax benefits in the African nation along with duty-free access to the United States. 
The company intends to invest $8 million in Ethiopia from its own fund and if any additional fund is required, it would be taken from other multinational financial institutions like the International Finance Corporation, it said. 
Bangladesh Bank, however, has expressed its doubts about the viability of the plan, according to a report in a top Bangladesh newspaper. 
The central bank officials have forwarded the proposal to the finance ministry, which is authorised to give permission to such proposals. A cabinet committee usually takes the final decision. 
Seven companies have so far got government approval to invest abroad including the highest approval for $20 million to Akij Jute Mills, a concern of Akij Group, for procuring two Malaysian companies — Robin Resources Malaysia SDN BHD and its subsidiary Robina Flooring SDN BHD. 
The Ananta Group feels Bangladeshi products would face high taxation when the country would be graduated to the status of a developing nation. 
Established in 1992, Ananta Apparels supply products to global brands like H&M, Zara, Gap, Levi’s and Marks & Spencer.
译文如下：
孟加拉国阿南塔集团希望在埃塞俄比亚投资800万美元
孟加拉阿南塔服装有限公司已寻求孟加拉银行的批准，拟向埃塞俄比亚投资800万美元，在该国建立一家服装厂。该公司是阿南塔集团的子公司。该公司最近向央行提交了一份提案，声称它希望从这个非洲国家的税收优惠中获益，同时享受免税进入美国的待遇。
该公司表示，计划从自己的基金中向埃塞俄比亚投资800万美元，如果需要额外资金，将从国际金融公司等其他跨国金融机构获得。
然而，孟加拉一家顶级报纸的一篇报道称，孟加拉银行对该计划的可行性表示怀疑。
央行官员已将该提议提交给财政部，财政部有权批准此类提议。内阁委员会通常做出最后决定。
到目前为止，已有七家公司获得了政府的海外投资批准，其中包括Akij集团旗下的Akij huang te Mills，收购两家马来西亚公司的Robin Resources Malaysia SDN BHD及其子公司Robina Flooring SDN BHD的最高批准。
阿南塔集团认为，孟加拉国的产品将面临高额税收，而该国将逐步成为一个发展中国家。
阿南塔服饰创立于1992年，为H&M、Zara、Gap、Levi 's和玛莎百货等全球品牌供货。