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Bangladesh seeks stronger position as high-value RMG hub

Staff Correspondent
02 Jun 2023 21:44:56 | Update: 03 Jun 2023 18:13:39
Bangladesh seeks stronger position as high-value RMG hub
— Courtesy Photo

Bangladesh is working to secure a strong position as a trusted sourcing hub of high-value garments in the world, said President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Faruque Hassan.

“Our industry’s vision is to move to the next level with product diversification alongside scaling up capabilities with technology upgradation, productivity enhancement and skill development,” he said.

“The transition from volume to value and quantity to quality will not only increase our export earnings but also will enhance image of Bangladesh in the world,” he added.

He made the remarks while addressing at the annual general meeting and get together of Bangladesh Garments Washing Technologist Foundation (BGWTF) in Dhaka on Thursday, read a press release.

BGWTF President Md Abdus Samad presided over the programme.

As the chief guest, Faruque Hassan said, “The apparel industry of Bangladesh is putting efforts to diversify from basic to high-value products, especially garments made of manmade fibre (MMF) while emphasis is also given to value addition.”

At the same time the RMG industry is also making efforts to ensure its growth in a sustainable way since the global demand for circular fashion is increasing worldwide, he said.

In order to remain competitive in the global market, Bangladeshi factories are investing in upgradrating technologies and skill development to make production process more efficient and productive, he added.

The BGMEA President called for collective efforts of all stakeholders to make the vision of the industry into a reality.