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Bangladesh:The 7th Dhaka International Leather Fair 2005
(DILF 2005) inaugurated |
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2005-3-29
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The VII Dhaka International Leather Fair 2005 (DILF 2005) was inaugurated by the Prime Minister Khaleda Zia here on Sunady.
This three-day international leather fair focuses on helping entrepreneurs to exploit full potential for development and increase in leather-and leather-product exports.
Further expansion of the labour-intensive leather industry will create more employment opportunities compared to other export sectors, she said, offering necessary incentives from the government.
Organized by Bangladesh Finished Leather and Leather-goods and Footwear Exporters Association (BFLLFEA) and Bangladesh Tanners Association (BTA) the fair is being held at the Sonargaon Hotel.
Addressing the fair audience the Prime Minister Begum Khaleda Zia explained that her government was ''private sector friendly'' and assured all sorts of support for the sector that fetches foreign exchange equivalent to nearly Tk 1600 crore-the third-largest export sector after readymade garments and frozen foods.
DILF 2005 this year has 65 organizations displaying their products, chemicals and machinery at the fair, a regular annual event since 1999.
The inaugural function was also addressed by Minister for Industries Maulana Matiur Rahman Nizami, Commerce Minister Air Vice Marshal (Retd) Altaf Hossain Chowdhury, Adviser to the Commerce Ministry Barkatullah Bulu, Nasiruddin Ahmed Pintu MP, Chairman of the BFLLFEA Mohammad Tipu Sultan and BTA Chairman Mohammad Haroon Chowdhury.
Mentioning her government''s support for expansion of this cent percent export-oriented sector, she told her business audience that leather industry has been identified as a thrust sector and the interest rate on industrial credits for this sector has been reduced to 7 per cent.
The Prime Minister said that her government has formulated a time-befitting industrial policy to meet the global demands and laid special emphasis on the export-oriented industries.
She informed that her government is providing incentives and supports to different sectors and urged the entrepreneurs and businessmen to cope with the demand of the international market and buyers, attract international buyers and enhance exports.
The Prime Minister mentioned the setting up of a BSCIC Leather Industrial Town at Savar to relocate the environment-polluting leather factories from Dhaka.
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