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In the ready-made garment (RMG) sector, 2018 will in many ways be viewed as the end of an era. The Alliance for Bangladesh Worker Safety, the North American-led initiative which has done so much to improve worker safety in garment export factories, will shortly end operations in Bangladesh.
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The readymade garment (RMG) sector of Bangladesh has made universally applauded advances in the fields of ethical and sustainable manufacturing practices, with huge investments being made in the sector to improve working conditions and environmental standards.
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The ready-made garment (RMG) industry in Bangladesh now stands at a crossroads. We will soon be waving goodbye to two organisations that have had a huge impact on the safety of factories in our garments industry—ushering it into a bright new era.
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The Bangladesh economy is growing at an extremely healthy rate. According to the latest figures form the Asian Development Bank (ADB), Bangladesh is expected to post a growth rate of 7.5 percent in 2018-19, and the ready-made garment industry will be a key engine driver behind that growth.
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Bangladesh's ready-made garment industry, the world's second largest garment exporter, has made huge strides especially in the past few years.
