Huge apparel buyers expected this year
Bangladesh expects a massive brace of international buyers this year as two major trade bodies are preparing to host two important international apparel expositions in November.
In the last fiscal year the country outperformed in garment exports to many destinations as the buyers flocked here to purchase cheap apparels despite recession, industry insiders said.
The BATEXPO-09 will be held on November 5-7 under the auspices 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 said.
Cheap basic apparel products will attract new buyers from Japan, South Africa, Mexico and Brazil to the annual exposition this time, he added.
Countries like USA, EU, Australia, Canada, China and India are also expected to participate in the show
This year the foreign buyers have already confirmed for 11 stalls to participate in the 20th BATEXPO to be held at the Pan Pacific Sonargaon Hotel, according to the apex trade body for the apparel sector.
Similarly, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) is going to organise its 5th Knitexpo-09 on November 2-4 at Dhaka Sheraton Hotel, a BKMEA official said.
As part of the exposition, Fazlul Hoque, the BKMEA president, visited Japan and Hong Kong recently to invite the buyers of these potential markets to participate in the exposition.
"This year's Knitexpo will be the biggest event as 80 international buyers have already confirmed their participation. The number of such foreign participants would cross 100," Hoque said.
He said he is going to South Africa and Botswana Saturday to invite the buyers and investors to visit Bangladesh.
Bangladesh exported knitwear worth $6.429 billion in 2008-09 fiscal-year showing a 16.21 percent growth over the same period a year earlier. During the same time Bangladesh exported woven items worth $5.918 billion registering a 14.54 percent growth, Export Promotion Bureau (EPB) data said.
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