Home / Knowledge / News / Govt pays heed to leather industry grievances
Govt pays heed to leather industry grievances
Feb '08
Bangladesh Finance Adviser on February 7, recommended a submission to the Industry Ministry, of list entailing problems faced by leather and leather goods manufacturers and exporters.

After a meeting at Finance Ministry with the leather industry, Dr Mirza Azizul, the Finance Adviser told reporters, “Specific proposals through the Industries Ministry will be considered as a package”. He also said that the Government, very soon is going to introduce an interest waiver guideline, after which the banks and clients should endeavor to settle mutual disputes.

The first initiative in this regard was taken by a delegation led by Bangladesh Finished Leather, Leather Goods and Footwear Exporters' Association (BFLLFEA) Chairman Mohammad Tipu Sultan, along with Bangladesh Tanners Association (BTA).

Together, they briefed, the Finance Adviser about the delay in developing the Executive Committee of the National Economic Council (ECNEC)-approved project of Leather Industry Estate in Savar, with a Central Effluent Treatment Plant (CETP) and a dumping yard. The project worth Tk545.36 crore is scheduled to be implemented by the year 2010.

Mr Tipu Sultan also lamented saying, “Our leather and leather goods will lose international market unless an environment-friendly industry is developed."

Further, they also demanded low cost loans for relocation of their factories from the Hazaribagh area, Dhaka to the new Estate in Savar and the rearrangement of classified loans on down payment of 4 percent.

In 2006-07, Bangladesh exported processed leather worth US $266 million, footwear worth $136 million, and leather bags and purses totaling $11 million. But, if the grievances are well taken care of, the results for the year 2008 can be remarkably phenomenal.

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Mohammad Hassan
Biax Fiberfilm

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Yash P. Kotak
Bombay Hemp Company

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

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search