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Thursday, 14 October 2021 13:59

Capitalize on compliance to EU, US markets advises GIZ GmbH Bangladesh study

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A study commissioned by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH with support from BGMEA advocates Bangladesh to capitalize on the country’s reputation as a compliant and certified trading partner to EU and US markets. Titled, ‘Feasibility Study on Scaling up the Production of Technical Textiles’ (TT), the study says, sustainable growth and value addition can be achieved if the textile and garment sector of Bangladesh expands towards the production of Technical Textiles (TT) and Personal Protective Equipment (PPE).

Throughout the years, Bangladesh has been a leading global supplier of textile and garments. It needs to maintain its position despite the ongoing pandemic, the study adds. Once Bangladesh has built its confidence and reliability in the new product sector of TT and PPE, advanced technologies can be introduced, it says These will help to diversify and sophisticate the product portfolio, offering greater profit margins, opines BGMEA.

The German development cooperation, namely the GIZ textile cluster, is capacitating local stakeholders to tackle some of these challenges. Outlining the successes of GIZ interventions in textile and garment sector, Achim Tröster German Ambassador assured continued support.