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63 companies get national export trophy for FY 2014-15

Zaber and Zubair fabrics Ltd., a sister concern of Noman Group received the gold trophy for highest export earning  

Bangladesh government has handed over the National export trophy to 63 companies for their performance in export for fiscal 2014-15. Honorable Commerce Minister Tofail Ahmed gave away gold, silver and bronze trophies to the company’s representative on 15 July at a program, organized by the Export Promotion Bureau (EPB) in Dhaka.

Zubair Fabrics Ltd. received the trophy for highest export
Figure 1: Noman Islam, Managing Director of Zaber and Zubair Fabrics Ltd. received the trophy for highest export. Photo: courtesy

The award was given on 28 categories, including garment, yarn, textile fabrics, home textile, terry towel, frozen foods, raw jute, jute goods, finished leather, leather goods, footwear, agricultural products and agro-processed products. The trophies were also given for export of flower and foliage, handicrafts, plastic goods, ceramic goods, light engineering, electronic products, pharmaceuticals, and software.

Al Muslim Group received national trophy for second highest export
Figure 2: Mohammad Abdullah, Managing Director of Al Muslim Group received national trophy for second highest export in RMG sector. Photo: Courtesy

“Not only the export volumes of the companies, but also other compliance issues related to tax payment and environmental sustainability were considered while selecting the awardees,” said Bijoy Bhattacharjee, Vice-chairman, Export Promotion Bureau.

According to the EPB, in fiscal 2014-15, the country’s overall export earnings grew 3.35 percent year-on-year to $31.2 billion. However, the amount was well below the year’s target of $33.2 billion.

More than 60 industries got CIP cards in the textile sector. Some names are given below:

Export figure of some winner companies in FY 2014-15
Table1: Export figure of some winner companies in FY 2014-15. (Source: EPB)

“Our majority export comes from garment products, we should also focus on diversifying products including leather, jute and jute goods plastic, pharmaceuticals etc.,” said Shafiul Islam Mohiuddin, President FBCCI.

“Gas price is increasing day by day, and after LNG is functional. We hope the government will decrease LNG price and provide uninterrupted gas and power supply for the private sector,” he also added.

“We don’t need to accord/alliance after their transition period, we have already established RCC who are monitoring the textile sector,” said the Commerce Minister Tofail Ahmed.

Also Read: President stresses for more investments to sustain industrial growth

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