29 September 2009, Dhaka - Bangladesh knitters can expect large
numbers of international buyers this year, according to two of the country’s leading
trade bodies who are organising important garment fairs for this November.
The Bangladesh Knitwear Manufacturers and Exporters
Association (BKMEA) is organising its 5th Knitexpo-09, which will run from 2-4 November
at the Dhaka Sheraton Hotel. Fazlul Hoque, the BKMEA President, recently
visited Japan and Hong Kong to invite knitwear and knitted goods buyers to
participate in the event. Mr Hoque told Bagladesh’s The Daily Star, that this
year's Knitexpo will be the biggest event so far, as eighty international
buyers have already confirmed their participation and that the number of such
foreign participants would exceed one hundred. Mr Hoque is said to be also
visiting South Africa and Botswana to invite buyers and investors to visit
Bangladesh.
Bangladesh exported knitwear to the value of $6.429 billion
in the 2008-09 fiscal-year showing a 16.21 percent growth over the same period
a year earlier. During the same period, the country also exported woven items
worth $5.918 billion registering a 14.54 percent growth, the Export Promotion
Bureau (EPB) says. Buyers have flocked to Bangladesh recently to take advantage
of low prices during the current economic downturn.
BATEXPO-09 will also be held on November 5-7 under the patronage
of Bangladesh Garment Manufacturers and Exporters Association (BGMEA). “We
expect buyers in large number this time because Bangladesh is now considered a
lucrative place for global apparel merchandisers,” BGMEA President Abdus Salam
Murshedy told The Daily Star.
Cheap basic apparel products are expected to attract new
buyers from Japan, South Africa, Mexico and Brazil to the annual exposition
this time. Countries such as USA, EU, Australia, Canada, China and India are
also expected to participate in the show and according to organisers, this year
the foreign buyers have already confirmed eleven stands to participate in the
20th BATEXPO which will be held at the Pan Pacific Sonargaon Hotel.
Source:
The Daily Star
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