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Dhaka Apparel Summit to focus on $50 bn RMG exports

 

Dhaka Apparel Summit will plan out a road map to accomplish the target of exporting ready made garments (RMG) worth $50 billion by 2021. Bangladesh Garment Manufacturers and Exporters Association will organize the summit on February 25, 2017. The event will also focus on improving safety measures of the workers in the RMG sector.

 

The one-day summit will provide a platform for the stakeholders to enhance their business. The event will witness participation of representatives from buyers, brands, universities and workers. These representatives will discuss about various possibilities to achieve the target of exporting apparels worth $50 billion when Bangladesh celebrates 50th anniversary of its Independence in 2021.

 

The summit is likely to be inaugurated by Bangladesh Prime Minister Sheikh Hasina.

 

The first summit held in December 2014 highlighted various points including dynamics of global sourcing in Bangladesh, product and market diversification, strategic plans to overcome the existing challenges, supportive government policies, importance of physical infrastructure, power, gas and energy to attain the milestone set for 2021. (RR)