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HomeNews & ViewsIndustry FocusPresident for joint efforts to address challenges in apparel sector

President for joint efforts to address challenges in apparel sector

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President Mirza Fakhrul Islam Alamgir on Wednesday called upon all stakeholders, including BGMEA, BKMEA and BTMA, to work together to address the existing challenges and problems facing the country’s apparel sector.

The President made the call when a delegation of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), led by its President Mohammad Hatem, met him at Bangabhaban. President’s Press Secretary Md Sarwar Alam briefed reporters after the meeting.

During the meeting, Mirza Fakhrul said coordinated initiatives are necessary to keep the country’s growing economy moving while ensuring that all stakeholders receive equitable benefits. He said the current government has adopted business-, industry- and economy-friendly policies to strengthen the national economy, create employment opportunities and provide businesses with opportunities to recover and grow.

“Growing industries and businesses need necessary protection to remain sustainable,” the President said, stressing the importance of reducing bank lending rates to encourage investment in the country. He also urged industry owners to explore alternative energy sources, including solar power, to help address the ongoing energy crisis.

Mirza Fakhrul said the government is working to keep the country’s growing economy vibrant. He recalled with appreciation the contribution of knitwear manufacturers and exporters to earning foreign currency for the country and thanked them for their role.

Referring to the restoration of democracy in the country, the President said any problem facing the country should be resolved through democratic processes and discussion in Parliament. The President’s military secretary, secretary and press secretary were present at the meeting.

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