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Bangladesh to soon start work on RMG park: Minister
06
Sep '12
Mr. Dilip Barua
Mr. Dilip Barua
Bangladesh Industries Minister Dilip Barua has extended an assurance that the Government would soon begin work on establishing a garment industrial park outside Dhaka, so as to make the most of the huge potential of ready-made garment (RMG) exports.
 
During a meeting with Bangladesh Garment Manufacturers and Exporters Association (BGMEA) delegation, the Minister said necessary steps have already been initiated for the eco-friendly industrial park project.
 
The Tk 4.38 billion project is the first initiative of the Government for establishing a RMG hub focusing on developing and modernizing the foreign exchange earning industry. 
 
Bangladesh Small and Cottage Industries Corporation (BSCIC), under the Industries Ministry, would oversee implementation of the project on an area of 300 acres at Bausia under Gozaria upazila of Munshiganj district, from next year onwards.
 
The proposed park would have various infrastructural facilities like internal roads, attractive industrial plots, continuous supply of utilities, drainage facilities, waste dumping yard, fire-fighting equipment and central effluent treatment plant (CETP).
 
The Minister said the forthcoming D-8 Ministerial conference in Dhaka would extend several business expansion opportunities, including for RMG export, with member nations.
 
Contributing about 80 percent to the country’s overall export earnings, RMG sector is Bangladesh’s biggest foreign exchange earning sector. More than 2.5 million workers in the South Asian nation depend on the labour-intensive apparel industry for their livelihood.
 
The BGMEA leaders informed the Minister about increasing demand for Bangladeshi apparel items in world market. They said China has emerged as a huge market for Bangladesh, as the emerging economy has been hit by a crisis of skilled workers for apparel manufacturing.
 

Fibre2fashion News Desk - India

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