Bangladesh expects a massive brace of international buyers this year
as two major trade bodies are preparing to host two important
international apparel expositions in November. In the last fiscal
year the country outperformed in garment exports to many destinations
as the buyers flocked here to purchase cheap apparels despite
recession, industry insiders said. The BATEXPO-09 will be held on
November 5-7 under the auspices of Bangladesh Garment Manufacturers
and Exporters Association ( BGMEA). "We expect buyers in large number
this time because Bangladesh is now considered a lucrative place for
global apparel merchandisers, " BGMEA President Abdus Salam Murshedy
said. Cheap basic apparel products will attract new buyers from
Japan, South Africa, Mexico and Brazil to the annual exposition this
time, he added. Countries like USA, EU, Australia, Canada, China and
India are also expected to participate in the show This year the
foreign buyers have already confirmed for 11 stalls to participate
in the 20 th BATEXPO to be held at the Pan Pacific Sonargaon Hotel,
according to the apex trade body for the apparel sector. Similarly,
Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA)
is going to organise its 5 th Knitexpo-09 on November 2-4 at Dhaka
Sheraton Hotel, a BKMEA official said. As part of the exposition,
Fazlul Hoque, the BKMEA president, visited Japan and Hong Kong
recently to invite the buyers of these potential markets to
participate in the exposition. "This year's Knitexpo will be the
biggest event as 80 international buyers have already confirmed
their participation. The number of such foreign participants would
cross 100 ," Hoque said. He said he is going to South Africa and
Botswana Saturday to invite the buyers and investors to visit
Bangladesh. Bangladesh exported knitwear worth $6.429 billion in
2008-09 fiscal-year showing a 16.21 percent growth over the same
period a year earlier. During the same time Bangladesh exported
woven items worth $5.918 billion registering a 14.54 percent
growth, Export Promotion Bureau (EPB) data said.