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Bangladesh govt to develop garment villages
23
Jan '12
The Bangladesh Government has taken an initiative to develop garment villages throughout the country, Commerce Minister GM Quader has said.

Inaugurating the Chittagong Apparel Fabric and Accessories Exposition (CAFAXPO) 2012, the Minister said developing garment villages would benefit entrepreneurs engaged in the sector.

The Minister informed that efforts to develop a garment village in Savar are already on. Such initiatives would greatly help in the development of readymade garment (RMG) industry of the country, he added.

The Minister said the Government has supported the country's RMG industry through several measures including extension of cash incentives to aid its development.

In times of intensifying competition, skill development has become a prerequisite for the RMG industry, he said.

He revealed that the Government is trying to explore new overseas markets for the country's garment industry.

Hailing the efforts of the industrialists, he said that it is only due to their sincere efforts that the RMG sector is growing every year in spite of some problems.

However, he added that the Bangladesh RMG industry is also confronted with several challenges that need to be tackled through joint efforts.

Fibre2fashion News Desk - India

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