Home / Knowledge / News / Apparel/Garments / SEZs can help in growth of Bangladesh RMG sector: Expert
SEZs can help in growth of Bangladesh RMG sector: Expert
Sep '14
courtesy: The Daily Star
courtesy: The Daily Star
Building special economic zones (SEZs) can help in growth of readymade garment (RMG) sector in Bangladesh as such zones can effectively meet the challenge of poor infrastructure in the country, Zahid Hussain, lead economist at the Dhaka office of the World Bank, said at a discussion.
Speaking at the first ever Bangladesh textile and apparel forum ‘TexApp Bangladesh’ in Dhaka, Mr. Hussain said long-term political stability is also necessary for continued growth of apparel exports.
TexApp Bangladesh was jointly organized by CEMS-Global USA and The Daily Star, on the sidelines of the 15th TexTech Bangladesh 2014 International Expo. Attended by several international retailers, machinery suppliers, policymakers and entrepreneurs, the forum discussed several issues related to the Bangladesh apparel industry and also deliberated on how to further take the industry forward in the coming years.
Speaking at the forum, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Atiqul Islam said foreign investment is not required anymore in the basic garment sector, but it is welcome in backward linkage industries.
He mentioned the lack of availability of skilled manpower in the country’s garment sector, and added that a pool of skilled manpower is needed. However, he was optimistic of good business flowing to Bangladesh in the coming years.
Naming Japan as a particularly promising market, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) first vice president Mohammed Hatem said solving the gas crisis is essential to keep up the business growth.
Mr. Hatem also raised the issue of financing, and said that banks are not helping new entrepreneurs who intend to set up backward linkage industry for the garment sector.
National Board of Revenue member Aminul Karim said Bangladesh’s apparel sector has reached a certain maturity and it now needs to go for value-added production. (RKS)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Mohammad Hassan
Biax Fiberfilm

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


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