Md. Mostafa Kamal, Special Correspondent
Three international sourcing trade shows 16th GARMENTECH Bangladesh-2017, 8th Yarn & Fabrics Sourcing Fair-2017 and 8th GAP Expo-2017 held on January 18-21, at International Convention City Bashundhara, Dhaka. Mr. Tofail Ahmed, M.P., Hon’ble Commerce Minister, Govt. of People’s Republic of Bangladesh inaugurated the trade shows as the chief guest while Mr. Annisul Huq, Mayor, Dhaka North City Corporation (DNCC) was present as the Special Guest. The four-day Garmentech fair on readymade garments, accessories, yarn and fabrics is jointly being organized by ASK Trade and Exhibitions Pvt Limited, Zakaria Trade and Fair International and Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA).
The most visited tradeshows by RMG industry, 8th International Yarn & Fabrics Sourcing Fair- Dhaka is a platform conceived to address the sourcing needs of manufacturers and exporters of woven and knitwear garments of Bangladesh and provide assured opportunity of meeting the entire cross section of the clothing industry. Around 400 companies from more than 24 countries– Bangladesh, China, India, Turkey, Sri Lanka, Italy, Singapore, Japan, Germany, USA, UK, Vietnam, Taiwan, Hong Kong, South Korea, Malaysia, Switzerland, Canada, Sweden, Finland, Spain, Thailand, France, and Colombia– were showcased the technology solutions related to productivity, safety, compliance, efficiency, value addition, product diversification, fabric sourcing and packaging solutions for the RMG Sector.
Md. Abdul Kader Khan, President, BGAPMEA; Md. Siddiqur Rahman, President, BGMEA; Md. Shafiul Islam Mohiuddin, 1st Vice president, FBCCI; Dr. Nazneen Ahmed, Senior Research Fellow, BIDS; Nanda Gopal, Director ASK Trade & Exhibitions Pvt Ltd. the organizer of the exhibition, Tipu Sultan Bhuyian, CEO, Zakaria Trade & Fair International, the co-organizers of the event were present at the inauguration ceremony along with others.
Bangladesh is expected to earn over $60 billion in exports by the year 2021, said the country’s commerce minister Tofail Ahmed. He said that the readymade garment industry is the prime sector of the country, accounting for 82 percent of the total foreign currency earned. The sector also has a lot of potential for further growth, according to the minister.
Abdul Kader Khan, president of BGAPMEA said that the trade shows will help the country’s apparel manufacturers to achieve the industry’s target of exporting textile worth $50 billion by 2021. He also said that manufacturers of apparel accessories will need to earn $18 billion from exports to achieve the target.
“Productivity, Safety, Compliance, Efficiency, Value Addition, Product Diversification, Fabric Sourcing & Packaging Solutions are the challenges the RMG sector is confronted with to exploit the opportunities as it moves forward towards the leadership position in RMG manufacturing amongst the global suppliers. The concept of 3 international Tradeshows showcasing Apparel Machinery, Yarn & Fabrics, Garment Accessories, Packaging & related Machinery under one roof from leading international firms from all over the world presents a tremendous sourcing opportunity for all the stake holders in the Textile & RMG industry” said Saleem B, Director, ASK Trade & Exhibitions Pvt Ltd. The organizer of the fair.
Considering emerging textile market of Bangladesh the exhibition organizer is going to present 1st regional apparel machinery tradeshow at 2nd largest RMG market in Bangladesh, Chittagong. The 1st edition of Garmentech Chittagong will be held on 13-15 September 2017 at City Hall Convention Center, Chittagong.