Bangladesh Prime Minister Sheikh Hasina has emphasized on the need of formulating short-, medium- and long-term plans for garment industries in the country in order to increase share in the world market.
“A huge fund is required for the factories being overhauled. So, various brands and buyers can come forward to assist Bangladeshi factory owners… The Government would continue to provide its support in this regard,” said the Prime Minister while inaugurating Dhaka Apparel Summit 2017, an event being organized by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
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The summit themed “Together for a Better Tomorrow” also aimed to explore priority areas for turning Bangladeshi readymade garments into a sustainable sector.
The PM also urged brands and buyers to help garment industry owners overhauling their factories. Garment industry in Bangladesh, considered as backbone of country’s economy, employs more than 4 million workers of whom 80 per cent are women. The sector aims to reach US $ 50 billion export goal by 2021.
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