The government is going to establish two more leather industrial estates in Chittagong and Rajshahi to utilise the untapped potential of leather and leather goods both at domestic and export market.
Industries minister Amir Hossain Amu on Sunday said that Bangladesh Small and Cottage Industries Corporation was now working on selecting the possible sites for the estates.
The ministry took the initiative at the instruction of prime minister Sheikh Hasina after implementation of first leather estate at Savar, Amu said at the ninth meeting of executive committee on National Council of Industrial Development held at the ministry’s conference room in Dhaka.
ECNCID members including Energy and Mineral Resource Division secretary Abu Hena Md Rahmatul Munim, agriculture secretary Md Nasiruzzaman, industries secretary Md Abdul Halim, Federation of Bangladesh Chambers and Commerce and Industries president Shafiul Islam Mohiuddin, representatives from other ministries, trade bodies and associations attended the meeting.
Earlier in November 2017, Hasina announced the plan to take ahead the country’s leather sector.
The government chose Chittagong and Rajshahi to decentralise the tannery and leather industries which were now mostly Dhaka-centric.
The planned estates would be environment-friendly to attract both local and foreign investors, officials said.
That leather sector was the second largest export earner after apparel products in the country.
Export earnings from leather and leather goods stood at $1.08 billion in the fiscal year 2017-2108.
They hoped export earnings would rise significantly in coming years when Savar leather estates would be fully operative and other
government initiatives to boost the sector would be implemented.
The ECNCID meeting also decided to finalise the draft policy on ship breaking industry and establish ‘one stop service’ at BSCIC to provide uninterrupted services to entrepreneurs of small, cottage and medium industries.
The meeting also asked BSCIC to conduct feasibility on district-wise raw materials so that entrepreneurs could easily decide where to establish industries based on availability of raw materials.