Home / Knowledge / News / Apparel/Garments / Hiring of foreigners ebbs in Bangladesh RMG sector
Hiring of foreigners ebbs in Bangladesh RMG sector
07
May '12
A decreasing trend is being observed in recruitment of foreigners at mid and senior level positions in Bangladesh readymade garment (RMG) sector as young educated Bangladeshis are being attracted to the sector owing to factors like lucrative packages, job availability and job security.

According to Bangladesh's Board of Investment (BoI) figures, 302 work permits were issued to foreigners in industrial category during January-March 2012 quarter, down from 398 issuances during the same period in 2011.

Last year, the BoI issued work permits to a total of 1,197 foreign nationals compared to 1,296 in 2010.

The declining trend is not limited to issuance of new work permits and can also be observed in renewal of work permits. In January-March 2012 period, the BoI renewed 403 permits compared to renewal of 480 permits during the corresponding quarter last year.

Bangladeshi garment sector has been facing a gap in demand and supply of mid and senior level management positions, which were often filled through recruiting personnel from foreign countries, especially from India and Sri Lanka.

These personnel are offered salaries in the range of Tk 50,000 and Tk 400,000 or above on the basis of qualification, experience, position and other factors.

Earlier, Bangladeshi talent did not show interest to join the country's booming garment sector due to absence of human resource policies such as provident fund, insurance and other benefits.

But the trend is changing now, according to industry analysts. They say Bangladeshi talent, who have received their degrees from various leading universities of both Bangladesh and foreign countries, are choosing the apparel sector for job and career.

For RMG factory owners, the new trend is beneficial as hiring Bangladeshi nationals costs less than recruiting personnel from other countries.

The BGMEA Institute of Fashion and Technology (BIFT), set up by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), is also contributing to the trend by offering degrees on the specialized subject to about 3,000 people every year.

There are plans to turn BIFT into a complete university offering degrees to over 5,000 students per annum.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search