Monday, January 21, 2019

Salman F Rahman: initiatives are being taken to establish the plastic industrial zone

Salman F Rahman, the private industry and investment adviser to the prime minister, pledged to take initiatives to establish the plastic industrial zone as soon as possible.

He was speaking at the inaugural ceremony of the 15th International Plastic Fair 2019 jointly organised by the BPGMEA and Trade & Marketing Service Co Ltd at Radisson Blu Dhaka Water Garden.

“I am committed to developing the backward linkage industry along with other sectors as the prime minister has given me the responsibility to work for the development of the private sector” said the dynamic businessman and Beximco Group's vice chairman Salman F Rahman.

Rahman vowed to improve the ease of doing business ranking of the country through creating a business-friendly atmosphere. He also urged the plastics industry to put emphasis on recycling for reuse.




In the occasion, plastic goods manufacturers yesterday demanded establishment of a special industrial zone so that they can relocate the unplanned plastic factories that are based in Old Dhaka. At present, there are about 1,200 plastic factories in the oldest part of the capital, most of which are unauthorised, according to industry insiders. The global market size of plastic goods is about $570 billion and Bangladesh has only 0.06 percent market share.

In 2017-18, Bangladesh exported plastic items worth $600.89 million, which was 1.4 percent of the country's total export of $36.44 billion, according to the association. In the previous fiscal year, plastic goods export was $607.15 million.

Some 480 companies from 19 countries are taking part in the four-day fair at International Convention City Bashundhara in Dhaka and displaying products at 780 stalls in 15 categories. The major categories include packaging materials, plastic moulds, crockery, pharmaceuticals, households, toys, furniture, melamine, garment accessories and polypropylene woven bags.