The future of Bangladesh's garment sector is
bright as the number of factories has gone up over the years and almost all of
them are accredited and audited.
As a result, retailers all over the world now consider Bangladesh to be one of the compliant nations, said van der Pols, who recently visited Dhaka to attend a seminar on sustainable sourcing of garment items. Previously, the European and American buyers thought of China a one-stop shopping mall.
But now, they have started viewing Bangladesh in the same light, as all their sourcing demand can be met here, she said. The retailers are also shifting orders to Bangladesh from China, which has lost its comparative advantage due to higher costs of production and shortage of skilled workforce.
The experienced garment buyer went on to recommend Bangladesh to work on formalwear; swimwear and outdoor clothing as well as these items have high demand in the international market. At present, the EU, the US and Canada are Bangladesh's main markets.
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