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Bangladesh, exporters assail garment units long wait for raw materials

The readymade garment sector in Bangladesh will explore newer markets across the world to give a boost to the country's exports. Garment villages are being set up. Private banks have been asked to provide loans at a relatively lower rate of interest. However, one problem the sector is facing right is that imported raw materials are held up at customs. The delay in delivery of deliver of raw materials through air cargo is disrupting the supply chain of the export oriented sector. Garment manufacturers and exporters want import consignments to be released as soon as possible.

Manufacturers say clearing agents are being denied entry into airports for reasons of security. Apparel exporters in Bangladesh have to import many accessories including price and security tags selected by buyers and raw materials such as fabrics and product samples for completing export orders. But now exporters are facing difficulties in getting their required imported consignments. In some cases, it takes more than two weeks compared to a single day needed previously.

Foreign-owned garment factories in Bangladesh can import raw materials without paying duties if they follow the country’s wage structure, only export goods to countries where the investment is made, and remain outside the export processing zones.

 
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