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Garment accessory manufacturers must get cash incentives: Bangladesh Industries Minister

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Lean Manufacturing in Garments Accessories and Packaging Industry of Bangladesh SeminarHighlighting the importance accessories and packaging makers hold for the flourishing readymade garment industry of the country, Bangladesh Industries Minister Amir Hossain Amu recently said that apparel accessories and packaging manufacturers should get cash incentives from the Government, which would enable the sector to become more sustainable.

Also ReadAhead of Budget, B’desh garment accessories makers place proposals before govt

“Our Government should come forward to accelerate the sector… I will discuss the issue with Finance Minister,” Amu said while addressing a seminar titled ‘Lean Manufacturing in Garments Accessories and Packaging Industry of Bangladesh’ organised by Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) in Dhaka recently.

Terming cash incentives a logical demand, the Industries Minister reportedly maintained that his Government will provide all kinds of policy support to help boost the accessories and packaging segment. Amu also said that modern garment accessories and packaging industry is the necessity to achieve the target of US $ 50 billion export from RMGs by 2021.

The National Industrial Policy-2016 has identified the apparel and home textiles as priority sectors, the Minister added.

Also ReadGovt help required to boost RMG accessories export: Rafez Alam Chowdhury

The Industries Minister also expressed hope that RMG can reach the peak of prosperity through product diversification and backward linkages. “Bangladesh is moving forward under the leadership of Prime Minister Sheikh Hasina,” he said, adding that the Government is establishing Special Economic Zones (SEZs) to attract foreign investors.

Senior Secretary of Industries Ministry M Mosharraf Hossain Bhuiyan, Project Director of Bangladesh Inspired, Sushen Chandra Das, and Senior Research Fellow of Bangladesh Institute of Development Studies (BIDS) Dr. Nazneen Ahmed were present as special guests on the occasion.

 

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