The investment in the garment accessories sector stands at $5 billion now with more than 1,900 factories operating and supplying almost all the required accessories to the garment industry. Photo: Star/file The flow of fresh investments in the garment accessories segment slowed in the last two years mainly for the severe fallout of Covid-19, the…
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The just-concluded 2022 was a year of turning around and rebuilding the economy, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said Saturday, reports news agency UNB. The BGMEA, the apex body of apparel sector businesspersons in the country, said this as revellers in major city centres across the world ushered in the first New…
Recent events have resulted in a commercial delegation from the industrial city of Khmelnitsky in Ukraine expressing an interest in making purchases from Uzbek textile manufacturers’ goods. Many Ukrainian businesspeople are interested in developing joint textile production projects with their Uzbek counterparts and touring Uzbek manufacturing plants. The two sides reached an agreement to increase…
In accordance with the Sustainable Development Goals, there will additionally be an emphasis placed on the environment. According to their long-term plan, the apparel manufacturers in the country want to reach an export value of $100 billion by the year 2030. They plan to do this by diversifying their product offerings, placing a greater emphasis…
An agreement has been inked between the Uzbek Ministry of Investments and Foreign Trade and DP World to develop the country’s trade networks and to enhance international trade. Increased trade and digital infrastructure development will be a result of this partnership between the corporation and the government of Uzbekistan. Uzbekistan’s trade networks will be strengthened…