Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has urged Proparco, the financial wing of the French Development Agency, to provide Small and medium-sized enterprises (SMEs) with the low-cost fund.
He made the request when a delegation of Proparco met him in Paris to discuss possible collaboration in supporting the sustainable development of Bangladesh’s RMG industry, read a press release on Sunday.
“SMEs need low-cost funding to integrate environmental sustainability practices,” he said.
In the meeting, they had discussions about the status quo of Bangladesh’s apparel industry, its vision, challenges and potential.
Meanwhile, the BGMEA president apprised the Proparco team of the progress made by Bangladesh’s RMG industry in the areas of workplace safety, social and environmental sustainability and workers’ wellbeing.
He also mentioned the Sustainable Strategic Vision-2030 which aims to accelerate the growth of the RMG industry in a sustainable manner so it can have positive impacts on the economy, the environment and the lives of people.
The Proparco delegation is led by Deputy Head of Manufacturing Reza Hassam Daya, which also includes Nahema Lemarchand, Jean-Emile Loubet and Théodore Planes.
Chair of BGMEA Standing Committee on Press, Publication and Publicity Shovon Islam was also present at the meeting.
