Bangladesh Garments Accessories & Packaging

   Manufacturers & Exporters Association (BGAPMEA)

Message from the President of BGAPMEA

The Garments Accessories & Packaging sector has started its journey since 1989. Since its inception Garments Accessories & Packaging have been growing steadily keeping in pace with the growing Readymade Garments. Now total Garments accessories & Packaging Industries rose to about 1500 & entire requirements of Accessories & Packaging of RMG & other export oriented industries like : frozen food, leather, ceramic, cosmetics, food & beverage, vegetables, handicraft etc. are being met up locally. It also helps RMG sectors and other exporting sectors to reduce the lead time. Earlier accessories & packaging items are being imported from abroad which involved huge amount of foreign exchange. It is a growing sector. During the last financial year about US$ 6.12 billion was earned from this sector. Our export target is earmarked US$ 12.00 billion & US$ 18.00 billion by the end of the year 2018 and 2025 respectively provided Government gives policy support to this sector. BGAPMEA is the member of Asian Packaging Federation (APF) & World Packaging Organization (WPO).

 

Presently this sector plagued with various problems particularly inadequate infrastructure facilities, electricity, gas connection & high Bank interest rate & political unrest that impede the growth of export. Exporters are struggling hard to survive due to economic melt down of the world, non payment of export bill by the banks after maturity. This problem has aggravated the situation further. Now indiscipline is prevailing in the total banking system. This association had several meetings with the higher authority of Bangladesh bank, Sonali Bank Ltd., Bangladesh Krishi Bank  to address these problems. Due to our constant persuasion Bangladesh Bank has instructed schedule banks to clear outstanding export bills of exporters. This association also requested Bangladesh Bank to reduce interest rate with in tolerable limit for export sectors. Bangladesh Bank has provided us loan from Export Development Fund (EDF) in bulk form for this sector. Our members are availing of this facility with minimum interest. We have also addressed bond related issues like : Import entitlement & constantly pursuing quick disposal for issuance of Utilization Permission (UP) etc. on behalf of our association. Value added tax (VAT) has been withdrawn on rented building of factories with our persuasion.

 

Every year BGAPMEA is arranging an International Exhibition namely Garments Accessories & Packaging Exposition (GAPEXPO). This GAPEXPO provides marketing platform for the members of BGAPMEA to display their latest products & latest collection to the RMG exporters, other related exporters & buying houses who will be visiting the show. At the same time, it also act as a platform for sourcing of machinery and raw materials. GAPEXPO-2017 was held from 18-21 January, 2017 at International convention City Bashundhara (ICCB).

 

We would like to inform you that European Union (EU) has provided grant for small & medium Entrepreneurs (SMEs) for capacity building of the different sectors & associations namely Bangladesh INSPIRED. The intention of the program is to reduce poverty & inequality reduction through enterprises development. This program is funded by the Government of People’s Republic of Bangladesh & the EU. The purpose of this grant is to enhance the competitiveness & sustainable growth of SMEs in selected sub-sectors of the economy of Bangladesh. Under the INSPIRED project BGAPMEA has set up a Testing Laboratory at Plot # A-100 (1st floor), BSCIC Industrial Estate, Tongi, Gazipur. Initially this Testing Laboratory is established for the tesing of Carton items. In future this lab will be extended for other accessories items.

 

BGAPMEA has published an  Apparel Accessories News Letter for the first time. This News Letter will be the voice of the Association. Recently this News Letter was unveiled by Mr. Iqbal Sobhan Chowdhury, Information Advisor to the Hon'ble Prime Minister at National Press Club.

 

We wish all success of Banladesh Garments Accessories & Packaging Manufacturers & Exporters Association (BGAPMEA)

 

Md. Abdul Kader Khan

President, BGAPMEA