Low cost fund sought for RMG accessory manufacturers - News Summed Up

Low cost fund sought for RMG accessory manufacturers


Bangladesh Garment Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA), Zakaria Trade and Fair International, ASK Trade and Exhibitions are jointly organizing the expos. “Safety and compliance issues are crucial for accessories and packaging manufacturers as global buyers are unwilling to buy products from non-compliant factories,” BGAPMEA President Abdul Kader Khan said. So, to improve safety standard, the sector would need government financial supports in the form of grants and low cost fund from export readiness fund (ERF), he stated. As of last fiscal year, the contribution of the apparel accessories to RMG exports stood at over $7.5billion. Technology solutions on display at the show will address the pressing concerns of the industry viz., Safety, Compliance, Productivity, Efficiency, Value-Addition.


Source: Dhaka Tribune January 13, 2020 17:48 UTC



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