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Related Keywords: Bangladesh Economic Zone Authority, Bangladesh government, BEZA sign MoU with BGMEA, boost apparel exports, decided to provide 500 acres of land, earn USD50 billion, exports by 2021, help garment makers, in the years to come, inside a special economic zone, investors start setting up factories, located in Mirersharai of Chittagong, to BGMEA

Bangladesh government to boost its apparel exports in the years to come has decided to provide 500 acres of land inside a special economic zone located in Mirersharai of Chittagong to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

Bangladesh Economic Zone Authority (Beza), which deals with these zones will sign a memorandum of understanding in this regard with BGMEA. Beza believes that the move would help garment makers earn $50 billion from exports by 2021.

Related Keywords: Bangladesh government, composite textile mill, dyeing, facilities for production of yarn, finishing, garment making, on 28 acres of land, plans to set up textile village, PPP initiative, project is envisaged, sizing, spinning, Tangail Cotton Mills under Bangladesh Textile Mills Corporation, through public private partnership, washing, weaving

The Bangladesh government plans to set up a textile village through a public private partnership (PPP) initiative on 28 acres of land belonging to Tangail Cotton Mills under Bangladesh Textile Mills Corporation (BTMC).

The cabinet committee on economic affairs recently approved in principle Ramisa's proposal as an unsolicited bidder which the PPP authority scrutinized Ramisa's proposal and it was sent from the cabinet committee on that basis.

Related Keywords: Bangla Tossa Rejection, Bangladesh government, Bangladesh Jute Association, categories of jute, demand withdrawn soon, discourage growers, imposed ban on raw material exports, Jute Industry, on January 18, restrict overseas sales of the natural fibre, without consultation

The Bangladesh government imposed the ban on raw material exports on January 18 without any consultation with the Bangladesh Jute Association which they said that it should be withdrawn soon for the sake of the jute industry.

The Association yesterday strongly protested the ban on raw jute exports, stating that the move would restrict overseas sales of the natural fibre and discourage growers.

Related Keywords: Agriculture Ministry, Bangladesh government, Begum Matia Chowdhury, Expansion of Cotton Cultivation Project, garment factories, modern cotton cultivation, o export readymade garments, project initiated to increase cotton production, provided training to over sixty thousand farmers, replace Indian cotton imports, set up demonstrations plot

Bangladesh government has set up 3,050 demonstrations plot for a project which has been initiated to increase cotton production for which they have provided training to over 60,000 farmers in modern cotton cultivation, said Begum Matia Chowdhury, agriculture ministry of the country.

Chowdhury also added that the government has initiated multiple programmes and projects such as Expansion of Cotton Cultivation Project (Phase-1) which was undertaken in financial year 2014-15 at an investment of Taka 105 crore.

Related Keywords: aiming to expand jute industries, Bangladesh government, mulling over forming special fund, regain past glory, similar to Export Development Fund, Textile and Jute Minister Emaz Uddin Pramanik

The Bangladesh government is aiming to expand jute industries and regain its past glory for which they are mulling over forming a Tk 10,000 crore special fund, similar to Export Development Fund, said Textiles and Jute Minister Emaz Uddin Pramanik yesterday.

It is also using Tk 6,000 crore provided by China for balancing, modernisation, rehabilitation and expansion of 26 jute mills in phases.

Coming to office in 2009, the Awami League government overturned decisions of its predecessors to reopen five jute and three textile mills, he said.

Related Keywords: after discussion with Ministry of Textiles and Jute, Bangladesh government, BJA, BJMC, development of jute sector, jute exporters will enjoy block account facilities, outstanding loans, plans to announce a package by this May, proposed package will be finalized, raw jute exporters

Bangladesh government for the development of jute sector plans to announce a package by this May. The proposed package will be finalized after discussion with the Ministry of Textiles and Jute. The jute exporters will enjoy block-account facilities for their outstanding loans, said Finance Minister A M A Muhith at a view exchange meeting with the raw jute exporters. Bangladesh Jute Association (BJA) organised the programme in the capital.

Related Keywords: Bangladesh government, diversification of jute products, flourish local products, maiden National Jute Day celebrations, making constant efforts, Prime Minister Sheikh Hasina, reclaiming its repute of being golden fibre of the country, restore the lost glory of jute, signed agreement with India, works underway for modernisation

Bangladesh government is making constant efforts to restore the lost glory of jute, reclaiming its repute of being the country's "golden fibre" as they want to flourish their local products, said Prime Minister Sheikh Hasina at the opening of the country's maiden National Jute Day celebrations.

She added that works were underway for modernisation and diversification of jute products to reclaim the lost glory of the fibre which was the only foreign exchange earning sector of Bangladesh.

Related Keywords: at culture and core belief, Bangladesh government, continued erosion of competitiveness of jute mills, domestic market, jute mills, key to enable local technology value addition capacity to grow, large project to upgrade production technology, root cause of ill health of jute sector, under USD three hundred fifty million foreign loan

Bangladesh government has taken a large project to upgrade production technology of jute mills under $350 million foreign loan due to continued erosion of competitiveness of jute mills in the country. Domestic market is the key to enable local technology value addition capacity to grow.

Bangladesh's industrial policy of balancing, modernizing, rehabilitating and expanding (BMRE) with 100 percent import of foreign capital machinery is highly detrimental to the growth of local technology value addition capacity.

Related Keywords: accelerate domestic use of jute goods, Bangladesh government, bring more items under the Mandatory jute packaging rule, domestic support for ailing industry, encouraged farmers to grow jute, increased, increased amount of land., joint secretary of the textiles and jute ministry, Nasima Begum, notice will be sent soon

The Bangladesh government to bring more items under the Mandatory jute packaging rule which will accelerate the domestic use of jute goods, said Nasima Begum, joint secretary of the textiles and jute ministry, adding that the notice will be sent soon.

It is set to make jute packaging mandatory for 11 more agricultural products as it continues to drum up domestic support for the ailing industry. The newly-added commodities to the compulsory packaging rule are: chilli, onion, ginger, garlic, turmeric, pulses, coriander, potato, flour and rice bran.

Related Keywords: Bangladesh government, entrepreneurs will get eighteen kinds of service, exhilarate textile sector, introduced an electronic service, making business process hassle-free, textile sector highest foreign income earning windows, through E-service

The Bangladesh government to exhilarate its textile sector has introduced an electronic service by making the business process hassle-free, The textile sector is one of the highest foreign income earning windows, which currently bears around 83% of total export earnings.

Textile and Jute Minister Muhammad Imaj Uddin Pramanik while launching the E- service for the entrepreneurs at a seminar held at Jute diversification and Promotion Centre in the city yesterday said that the entrepreneurs can do their business by spending less time and money.