Bgapmea
Bangladesh Garments Accessories & Packaging Manufacturers & Exporters Association (BGAPMEA) started its operation in the year 1989. This Association is the prime organization to safeguard the interest of Garments Accessories and Packaging (GAP) manufacturers & exporters of the country. BGAPMEA represents more than 1800 export oriented garments accessories & packaging industries in the country. GAP sector is acting as a backward linkage industry of RMG as well as other export oriented industries like: Frozen food, Pharmaceuticals, Ceramics, Leather goods, Vegetables etc. Now almost all requirements of garments accessories & packaging of readymade garments & other export oriented industries are being met up locally which is about 95%. GAP sector earned valuable foreign exchange to the tune of US$ 7.50 billion during the fiscal year 2018-2019. But due to the World COVID-19 pandemic, the export was drop down at US$ 5.03 billion during the financial year 2019-2020. Again the total export of GAP setor was risen to US$ 7.0 billion during 2020-21. Out of this amount, near about US$1 billion is exported directly to Turkey, Netherlands, South Africa, Pakistan, India, Middle East, Ethiopia, Indonesia, Italy, Sri Lanka, Turkmenistan, Germany, Austria etc. Investment of this sector is about Taka 35 thousand crore and value addition about 40%. Now this sector is able to supply packaging & accessories products within 24 hours after receiving the order. We also deliver the products to RMG factories in our own transportation. As a result, it reduces not only the lead time but also save our valuable foreign currency. To achieve the US$ 50 billion target of RMG sector by 2025, GAP sector is likely to be exported US$ 12 billion proportionately, if the sector gets policy support and cooperation from the Government.
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