DITF gets Tk 200 crore export orders

The 24th Dhaka International Trade Fair (DITF-2019) ended yesterday with significant amount of export orders worth about Tk 200 crore. The export orders were Tk. 165 crore in last year’s 23rd DITF. Commerce Minister Tipu Munshi disclosed the statistics relating to the export orders and sales at the DITF-2019 concluding programme at the Sher-e Bangla Nagar fair ground. “Bangladeshi companies have received Tk. 200 crore export orders from this year’s DITF, which was Tk 165.96 crore in last year’s DITF. The export orders have increased by at least Tk. 35 crore compared to last year,” he said while addressing the concluding ceremony of the month long DITF-2019. He said it won’t be possible to arrange the fair at Purbachol too considering the trend of increasing visitors and buyers. “So, we have to think from now as to whether it would be possible to continue the fair in this place after 10 years,” Tipu Munshi said.

 A permanent exhibition centre is being constructed at Purbachol with a view to organising fair and other exhibitions round the year, the minister said.

 “The DITF is now being held on 36 acres at Sher-e-Bangla Nagar. Population of the country is also increasing. So, we have to think about arranging such a fair at a larger place,” the minister said.

 There is no alternative to increasing the export trade to take forward the country’s development, he said, adding that the country’s trade still depends on the export-oriented readymade garments (RMG) sector.  “There are many exportable sectors in the country. Now Bangladeshi entrepreneurs are producing international standard items. So, we have to pay attention to these sectors too,” the minister added.

 The minister emphasised the need to expedite sectors like pharmaceuticals, furniture, skin and hides, ICT, agricultural items and ship building.

 “People’s demand for local items is increasing. As a result, import of such items is decreasing,” Munshi said.

 People have to work unitedly for the country’s economic development, said Tofail Ahmed, former commerce minister who is also chairman of the parliamentary standing committee on the Commerce Ministry.  Tofail said a permanent exhibition venue is being constructed on 30 acres at Purbachal, with a budget of Tk. 500 crore. It will host trade fairs in the near future. Among others, commerce secretary, SM Rezwan Hossain, and export promotion bureau (EPB) chairman, Bijoy Bhattacharyya, spoke at the concluding ceremony.

 A total of 695 organisations, from both home and abroad, set up 110 pavilions, 83 mini pavilions and 412 stalls, and took part in this year’s DITF.

 

DITF gets Tk 200 crore export orders

The 24th Dhaka International Trade Fair (DITF-2019) ended yesterday with significant amount of export orders worth about Tk 200 crore. The export orders were Tk. 165 crore in last years 23rd DITF. Commerce Minister Tipu Munshi disclosed the statistics relating to the export orders and sales at the DITF-2019 concluding programme at the Sher-e Bangla Nagar fair ground. Bangladeshi companies have received Tk. 200 crore export orders from this years DITF, which was Tk 165.96 crore in last years DITF. The export orders have increased by at least Tk. 35 crore compared to last year, he said while addressing the concluding ceremony of the month long DITF-2019. He said it wont be possible to arrange the fair at Purbachol too considering the trend of increasing visitors and buyers. So, we have to think from now as to whether it would be possible to continue the fair in this place after 10 years, Tipu Munshi said. A permanent exhibition centre is being constructed at Purbachol with a view to organising fair and other exhibitions round the year, the minister said. The DITF is now being held on 36 acres at Sher-e-Bangla Nagar. Population of the country is also increasing. So, we have to think about arranging such a fair at a larger place, the minister said. There is no alternative to increasing the export trade to take forward the countrys development, he said, adding that the countrys trade still depends on the export-oriented readymade garments (RMG) sector. There are many exportable sectors in the country. Now Bangladeshi entrepreneurs are producing international standard items. So, we have to pay attention to these sectors too, the minister added. The minister emphasised the need to expedite sectors like pharmaceuticals, furniture, skin and hides, ICT, agricultural items and ship building. Peoples demand for local items is increasing. As a result, import of such items is decreasing, Munshi said. People have to work unitedly for the countrys economic development, said Tofail Ahmed, former commerce minister who is also chairman of the parliamentary standing committee on the Commerce Ministry. Tofail said a permanent exhibition venue is being constructed on 30 acres at Purbachal, with a budget of Tk. 500 crore. It will host trade fairs in the near future. Among others, commerce secretary, SM Rezwan Hossain, and export promotion bureau (EPB) chairman, Bijoy Bhattacharyya, spoke at the concluding ceremony. A total of 695 organisations, from both home and abroad, set up 110 pavilions, 83 mini pavilions and 412 stalls, and took part in this years DITF.