Bangladesh Garment Manufacturers and Exporters Association on Monday said that the country’s readymade garment sector was facing a crisis in making shipment of finished product due to shortage of transport on roads and highways and global buyers were losing their confidence in the sector.
‘Responding call from the prime minister, students returned home from the street, but we are observing with worries that transport situation is yet to become normal,’ BGMEA president Md Siddiqur Rahman said at a press conference held at the trade body head office in the capital.
He said that some of foreign buyers already cancelled trip to Bangladesh due to the situation and if the transport situation remained unchanged, a good number of apparel companies would face stocklot.
The BGMEA president apprehended that RMG factory owners would be compelled to recourse to costly airfreight if the transport shortage continued.
This was the time for buyers to place orders but if the exporters failed to make shipment in time for lack of transport, orders would drop, Siddiq said.
He said that for lack of transport many garment factories were now sitting on stock pile of finished products and at the same time a good quantity of containers of imported raw materials were waiting at port for delivery.
‘We do not want to see such situation which hinders business activities and casts a shadow on the image of the country,’ the BGMEA president said.
Expressing solidarity with the logical movement of youth students demanding ‘safe road’, Siddiq said that the prime minister accepted all the demands of student and they would now want proper implementation of law for ensuring road safety.
He urged all not to throw such programme as would hamper economic growth, development and investment.
BGMEA vice-presidents SM Mannan Kochi and Mohammed Nasir, among others, attended the press conference.
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