Home / Knowledge / News / Textiles / 'B'desh should prioritise Chittagong port development'
'B'desh should prioritise Chittagong port development'
22
Sep '15
A leading Bangladeshi economist has declared that the country will not be able to emerge as a middle-income country and achieve the $50 billon garment export target without prioritising development of Chittagong, according to media reports in Bangladesh.

“We cannot achieve the $50 billon export target without opening and widening a second hub for the sector in Chittagong after its huge growth in Dhaka and its adjoining areas,” said Hossain Zillur Rahman.

Rahman made the comments while addressing a roundtable on “realising $50 billion target for the garment sector: the Chittagong mission”.

Bangladesh Garment Manufacturers and Exporters Association or BGMEA and the Chittagong Research Initiative jointly organised the event.

Chittagong has the growth potential to attain such goal, he said.

Plans are underway to build alternative ports in Payra and Matarbari, although the Chittagong port still has comparative advantages, said Salehuddin Ahmed, former governor of Bangladesh Bank.

Ahmed thinks it will be difficult for Payra port to reach the same level as the Chittagong port. Payra would rather serve only the southern region, he said.

Saifuzzaman Chowdhury, Bangladesh's junior minister for land, described proper connectivity as the key to Chittagong's development.

“Chittagong would remain technically isolated from the capital if connectivity is not properly improved. We cannot just let it go like that.”

While presenting his keynote paper, Rahman emphasised improving productivity of garment factories, including enhancement of workers' skills.

Bangladesh should go for a twofold market strategy: wider access to the existing primary markets in the US, UK and Canada and looking for new markets in China, Japan and India, he said.

Deep-sea ports and other ports like the one in Payra will become a reality after 20 to 30 years, he said.

He stressed the need for capacity enhancement of Chittagong port, as it would be a core part to boost garment exports. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Karan Arora
Karan Arora

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

Judy Frater
Somaiya Kala Vidya

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search