Facilitation of bond activities needed to increase investment, exports

First Vice President of BGMEA Md. Abdus Salam seen greeting newly assigned Bond Commissioner Mahbubur Rahman by presenting bouquet at latters office.
First Vice President of BGMEA Md. Abdus Salam seen greeting newly assigned Bond Commissioner Mahbubur Rahman by presenting bouquet at latters office.
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Chattogram Bureau :
First vice-president of Bangladesh Garments Manufacturers & Exporters Association Mohammad Abdus Salam has said that the garment industry in the port city is in a fragile state due to other infrastructural problems even though the cost is low due to the country’s main seaports and custom houses.
He said Bangladesh’s ready-made garment industry is currently facing a catastrophe due to the global corona virus. Many factories have closed, buyers have canceled or suspended orders. Its impact on the national economy is already visible. The garment industry is currently trying to turn around as the Prime Minister has arranged low interest loans to secure the future of the garment industry and provide wages to the workers. Sincere gratitude on behalf of the garment industry family to the Prime Minister for taking timely and bold decisions.
Bangabandhu Industrial Estate in Mirsarai and Economic Zone in Anwara, Karnafuli Tunnel, Outer Ring Road and new industrial factories with foreign investment are being set up as a continuation of the present government’s comprehensive development program. In this case, the Customs Bond Commissionerate can play an important role in facilitating activities and increasing investment and exports.
He made the remarks in a courtesy call on AKM Mahbubur Rahman, commissioner of the newly-appointed Customs Bond Commissionerate, Chittagong, on Tuesday last. Bond Commissioner AKM Mahbubur Rahman said the contribution of the garment industry to massive employment including national economic and socio-economic development is undeniable.
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