Posts By Nayef Ahmad
November 13, 2013
The government of Bangladesh and the two primary Bangladeshi leather industry trade associations reached a historical agreement last month to transfer the leather industry from central Dhaka to Savar, a new, environmentally compliant industrial zone on the outskirts of the city. According to the president of the Bangladesh Tanners Association, the new location could boost the industry’s export revenues from $1-5 billion. Economists predict that if the leather industry continues its impressive growth, it may even challenge the ready-made garment sector as one of Bangladesh’s most valuable exports.