Fabrics & Textiles

BGBA discusses proposed fund for buying house exports and market expansion

Members discuss trade fairs, buyer research and brand promotion alongside a proposed sector fund.

Leila MarchettiOctober 20, 20265 min read10 views

A stylized buying-house meeting room arranged with fabric swatches, garment samples, a globe and shipping containers.

The Bangladesh Garment Buying House Association (BGBA) held a meeting at its office with members, chaired by President Abdul Hamid, to discuss challenges facing the buying house sector and ways to expand international markets.

During the meeting, M. R. U. N. K. Lodi presented a proposal titled “National Fund for Buying House Export Sustainability and Market Expansion.” The discussion focused on increasing participation in international trade fairs and exhibitions, simplifying sample development and presentation, strengthening market research, identifying potential international buyers, and promoting Bangladeshi brands in overseas markets.

Members also considered enhancing the effectiveness of BGBA’s relevant standing committees and improving coordination among industry stakeholders to address existing challenges. The members who shared insights and recommendations included M. D. Akhtaruzzaman, Najibul Haque, Mahbubur Rahman, Shahid Hossain, Khondker Jubayed Bin Obayed, Nazrul Islam and M. R. U. N. K. Lodi.

Hamid welcomed the initiative and appreciated members’ efforts to develop practical solutions for the sector. He stressed the need for a realistic, phased approach, effective coordination and engagement with relevant government authorities and the Export Promotion Bureau to advance the proposed initiatives.

BGBA said it remains committed to working with members and stakeholders to strengthen the buying house sector, expand Bangladesh’s international market presence and improve the country’s competitiveness in the global apparel industry.