There is need for more public-private initiatives to further enhance the credit support to the textile sector as part of an exercise to turn Bangladesh into a developed country, speakers at a seminar in Dhaka said.
The speakers made the observation at the seminar on "Increasing the bank credit facilities for developing the textile industry" and demanded increasing the credit rate of all commercial banks for the sector, the BSS news agency has reported.There is need for more public-private initiatives to further enhance the credit support to the textile sector as part of an exercise to turn#
Bangladesh Specialized Textile Mills and Powerloom Industries Association (BSTMPIA) organised the seminar.
Addressing the seminar, Additional Secretary of Industries Ministry
Sushen Chandra Das said the government is providing all sorts of efforts to develop the textile industries along with all other industries to attain the next development goal to become a middle income country.
He urged the textile industries owners and bankers to build good bilateral relation aiming to make easy the credit facilities in the sector.
BSTMPIA Chairman Azizul Haque called upon all to further accelerate the textile sector and develop the country's economy. (SH)
Fibre2Fashion News Desk – India
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