The nation’s lone leather industry has been moved as of late to a recently created zone in Savar after it became in the course of the most recent six decades inside Dhaka city’s Hazaribagh.

 

“We are presently considering two more modern zones in Rajshahi and Chittagong,” Prime Minister of Bangladesh said on Thursday, as she initiated an exchange expo sorted out together by the business service and exchange bodies.

 

The ‘Bangladesh Leather, Footwear and Leather Goods International Sourcing Show’ will be held at the International Convention Center at Dhaka’s Bashundhara until Saturday.

 

She also said a domain neighbourly leather mechanical zone has been set up in Savar for the development of the segment and sparing the Buriganga River.

 

She said a large portion of the tannery ventures in Hazaribagh were moved to Savar.

 

“Measures are being taken with the goal that supporting ventures can thrive around the zone.”

 

The administration intends to proceed with the 15 percent money motivator for calfskin sends out for the following five years, said the head administrator.

 

Bangladesh’s fares from the leather business in financial 2016-17 remained around $1.23 billion, she said. Yearly fares are relied upon to ascend to $5 billion by 2021.

 

Focusing on enhancement in leather merchandise, she said the business people should build up the items and discover new fare markets.

 

“Our items must be of universal measures,” she stated, as she guaranteed important help from the legislature.

 

“We are moving to set up a testing and adjusting focus to keep up worldwide quality and models of leather merchandise and footwear.”

 

FDI foreign direct investment had profited Bangladesh so much by investing in Bangladesh as Bangladesh companies had less investment and high profit and there are so much profitable business ideas in Bangladesh. These are key points that how Bangladesh will be the next global sourcing hub for leather goods.