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Exporters of Tailor Made Garments and Stocklots

BGMEA plans to set up separate localized power plants solely for the readymade garment industry

In an effort to solve the power crises suffered by the ready made garment industry and to secure rising orders, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will shortly begin a technical assessment on setting up small localized power plants.

This is music to the ears of the readymade garment industrialists who have long suffered from frequent interruptions in power supply caused by shortages and inefficient distribution. Uninterrupted supply will ensure timely delivery of orders and will undoubtedly reinforce the already good name of Bangladesh in the RMG sector.

The BGMEA plan stemmed from Prime Minister Sheikh Hasina’s recent suggestion to set up power plants to meet industry demands. Shafiul Mohiuddin Islam, president of the BGMEA also said that the Prime Minister has offered a low interest rate loan. Mohiuddin said that the total electricity demand of the ready made garment sector is only 710 megawatt but areas such as Malibagh, Uttura, Mirpur, Badda, Ashulia, Savar and Narayanganj and old Dhaka.will need to be assessed separately.

The country needs to capitalize on rising imports which in the post recession is likely to reach US $ 18 billion and a separate distribution solely for the readymade garment industry should solve the problem.

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