Thursday, 28 October, 2021

BGMEA for simplifying Ease of Doing Business factors

  • Staff Correspondent
  • 26 September, 2021 12:00 AM
  • Print news

CHATTOGRAM: Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has laid emphasis on simplifying the factors of ‘Ease of Doing Business’ to boost the country’s garment industry.

They also put forwarded a number of proposals for grabbing the opportunities created by the corona pandemic in different leading garment exporting countries.

The BGMEA leaders made the call at a view exchange meeting with the journalists at BGMEA Bhaban in the port city on Saturday afternoon. The organisation Acting President Syed Nazrul Islam presided over the meeting while other directors and former first vice presidents were present.

The Acting President Nazrul in a written statement said failing to cope with the challenges of this industry, many industries faced closure in Chattogram.

The number of closed factories also increased over the last two years due to the unprecedented global effect of corona pandemic, he said.

With all-out assistances from the government, the garment industry in Bangladesh kept its production continued braving the corona virus during the crisis moment, said Nazrul.

But, some complexities regarding establishment of factory, export and import through port and excessive price of land are the main obstacles to progress of the industry in the country, he said.

In his proposals, Nazrul stressed the need for land allocation at low price and ensuring infrastructural facilities for the garment and other related industries at Mirsarai and Anwara Economic Zones. 

 He requested banks to come forward with easy and low-interest loans for creating employment through establishment of new factories.

The first vice president also underscored empowerment of the government offices including the offices of Controller of Import-Export, Export Promotion Bureau and Joint Stock Company among others.

Cooperation among the service providing organisations including Chattogram Development Authority, Chattogram City Corporation, Cwasa, Karnaphuli Gas Distribution Company Limited and Power Development Board is also important for smooth holding of the business activities, he observed.

The BGMEA leader also hoped that Chattogram will turn into commercial capital in true sense after completion of the ongoing development projects including Bangabandhu Tunnel beneath the river Karnaphuli, Elevated Expressway from Lalkhan Bazar to Airport, Bay Terminal for Chattogram Port, Rail Link with Cox’s Bazar and the mega project for addressing the long-drawn waterlogging crisis.

BGMEA Vice President Rakibul Alam Chowdhury, Directors MA Salam, M Ahsanul Hoque, AM Shafiul Karim Khokon, Tanvir Habib, former first Vice Presidents Nasir Uddin Chowdhury, Mainuddin Ahmed Mintu, Sahabuddin Ahmed and SM Abu Tayyub were present at the meeting among others.