President, BTMA &
Fuad Spinning Mills Ltd.
Alamin Centre, 25/A Dilkusha C/A, Dhaka.
Phone: 9564507-9, 9567836-7
E-mail: firstname.lastname@example.org , email@example.com
Bangladesh Textile Mills Association (BTMA) is the national trade organization of Primary Textile Industry i.e. Yarn Manufacturing, Fabric Manufacturing and Dyeing-Printing-Finishing mills of the country under private sector. BTMA is registered in 1983, among others the following are the main objectives:
To promote and protect the trade, commerce and manufacturers of Bangladesh in general and of the textile related trade in particular.
To collect and circulate statistics and to collect, classify and circulate information relating to the trade, commerce and manufactures of its members.
To take all steps which may be necessary for promoting, supporting or opposing legislative and other measures affecting the trade, commerce or manufactures of its members.
To make representations to the appropriate authorities on any matter connected with the trade, commerce and manufactures of its members.
To advance and promote commercial and technical education connected with the trade and commerce of its members.
To undertake special inquiries and initiate or support any action for securing the redress of legitimate grievances connected with the trade or commerce of its members.
To engage in such activities for imports, exports of raw materials, spares and finished products for the collective benefit of the members of the Association.
To organize such factories and workshops for selling or display centers centrally which may be of common benefit for sections which might not be possible or feasible for individual members.
The Association is run by a BOARD OF DIRECTORS of 27 members, headed by one President and 3 Vice-Presidents, who are elected through ballot/votes as per provisions of the Trade Organization Ordinance, 1961 and Rules made there under by the Government of Bangladesh. The tenure of the Board of Directors is 2 years. The Association has a separate Secretariat to look after all Administrative activities and is headed by the Secretary General. He is assisted by a numbers of officers in the discharge of his duties.
Currently the number of Membership of BTMA is 1306 under:
Yarn Manufacturing Member Mills = 373
Fabric Manufacturer Member Mills = 703
Dyeing-Printing-Finishing Member Mills = 230
Over 4.00 billion EURO has been invested in these mills and about 4.00 million people are currently employed. BTMA fulfills:
100 % of the domestic fabric and yarn requirement.
50% of the cotton oven fabric requirement of export oriented garments sub-sector.
Over 95% of the yarn and fabric requirement of export oriented knitwear sub-sector.
|Frozen foods is the second largest export sector of the economy. The massive natural resources available in Bangladesh make this sector particularly promising for investors looking to supply in international as well as in domestic markets.
The Public sector corporation and the private organizations have setup about 148 numbers of shore based export oriented fish processing plants at Dhaka, Chittagong, Khulna, Jessore, Satkhira, Bagerhat, Cox’s Bazar, Chandpur, Kishoregonj, Syihet and Patuakhali. These plants produces Fresh Water shell On (FWSO), Ser Water shell On (SWSO), Peeled and Deveined (P&D), Peeled and Undevined (PUD), shrimp products under the most hygienic and sanitary condition under the supervision, control and guidance of foreign trained handling & processing experts. At all levels, USFDA registrations and directives of the European Communities concerning the production and exportation of frozen foods are strictly followed.
Thriving in this sector are shrimp farming and fish production.
The government is promoting semi-intensive shrimp farming.
Shrimp processing and export industry is largely dominated by the small business sector.
Government has developed initiatives of quality assurance for frozen foods in co-operation with exporters.
15% cash incentive offered to shrimp export amount.
The private organization and the public sector corporation offer the following products for export:
Frozen shrimp & prawn
Fresh & chilled fish
Frozen fillets & steaks of fish, sharks shells skates & rays
Shark fins & fish maws
Salted & dehydrated fish
Live crabs & tortoises
Fish meals & crushed
Value added shrimp & fish products
This export oriented industry includes the following sub-sectors which are themselves promising investment opportunities:
Sustainable aquaculture technology
Feed meals plants
Processing unit for value-added products.
Growth in Export of Processed Fish
Shrimp is the second largest source of export from Bangladesh which earned as much as 437.40 million US dollar in the year 2009-10. Commercial culture of shrimp increased rapidly in the coastal belt of Bangladesh and it went through several stages of transformation. During the last ten years, Bangladesh has earned international credibility by responding to the food-safety and quality requirements of its destinations, mostly, the United States and the European Union countries. Continuous investment has enabled the sector to progress in the teeth of competition from other countries.
There are 105,000 galda farms, mostly located in the Khulna area although this method of cultivation is spred ading rapidly in other parts of Bangladesh. Unlike brackish water cultivation of bagda (black tiger shrimp, Penaeus monodon), freshwater galda cultivation is not restricted to the coastal regions and is expanding at a rate of 10–20 per cent per annum.
Following a period of strong investment in technology, processes and regulation the frozen foods sector has flourished and earned itself an excellent reputation with trading partners.
Exporters have earned credibility and trustworthiness in the global market and are committed to maintaining a competitive advantage in product quality. Continuing investment in technology, marketing and quality remain at the forefront of the industries’ strategy to meet the challenges of international trade in price, quality, time and service.
Frozen Food Export from Bangladesh
Source: Bangladesh Export Promotion Bureau
INTRODUCTION OF THE FEDERATION OF BANGLADESH CHAMBERS OF COMMERCE AND INDUSTRY (FBCCI)
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is the apex representative organization safeguarding the interest of the private sector in trade and industry in Bangladesh.
|Year of Establishment||: 1973|
|Established under||: Trade Organization Ordinance, 1961
and Companies Act, 1913.
|Type of members||: (1) Chambers of Commerce and Industry
A Class Chamber
B Class Chamber
: (2) Trade and Industrial Associations.
A Class Association
B Class Association
: (3) Joint Chamber (with Foreign Countries)
|Total Number of Member bodies||: (1) Chambers of Commerce and Industry
A Class Chamber 38
B Class Chamber 32
: (2) Trade and Industrial Association
A Class Association 277
B Class Association 6
: (3) Joint Chamber
(with Foreign Countries) 16
|Composition of Board of Directors||President — 01
First Vice-President — 01
Vice-President — 01
Directors — 41
FBCCI’S BROAD OBJECTIVES AND FUNCTIONS
To coordinate and promote the interest of its federating units-Chambers of Commerce, Trade and Industrial Association;
To aid and stimulate investment, development of trade, commerce, industry, agriculture, tourism, human resources and communication sectors in Bangladesh;
To project, encourage and safeguard the cause of the private sector through effective participation in the process of consultation and inter-action with the Government, Ministerial Consultative Committees and other inter-ministerial bodies and agencies;
To assist the Chambers of Commerce and Industry and Associations in organizing of Trade and Industry Fairs in different parts of Bangladesh;
To collect and disseminate statistical and other information for advancement of trade and industry;
To make efforts for the spread of commercial, technical and economic knowledge for promotion of commercial, technical, industrial and scientific education in the country;
To study and undertake research for promotion and growth of trade and industry;
FBCCI is involved in forging strong bilateral ties between and among different countries of the world through counterpart organizations for commercial and economic cooperation. It helps promote Foreign Direct Investment (FDI) including Joint Ventures in Bangladesh and identify appropriate partners;
It maintains close relation with Overseas National Chambers of Commerce and other Trade and Industrial Associations including related economic organization;
The FBCCI as the Apex Trade Organization plays the pivotal role in consultative and advisory capacity in formulation of Commercial, Industrial and Fiscal policies at the national level. It has been playing a very vital role in all Forum of the Government and Economic Development organizations for mutual sharing of views on all vital issues concerning and affecting the national economy;
FBCCI represents the Private Sector in different permanent committees of the Government and autonomous bodies;
FBCCI also represents the Private Sector in various Committees and Task Forces on specific issues, constituted by the Government from time to time.
FBCCI is the member of different international bodies, such as International Chambers of Commerce (ICC), Islamic Chamber of Commerce and Industry (ICCI), Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) and the SAARC Chamber of Commerce and Industry (SCCI). To safeguard and protect the interest of business community in the international arena, FBCCI maintains close communication with these International Organizations.
FBCCI has Joint Chamber/Cooperation Agreement with the national trade organizations of the following countries:
The Republic of Korea
The Federation of Bangladesh Chambers of Commerce and Industry has collaboration agreements with the General Union of Chambers of Commerce and Industry and Agriculture of the Arab Countries, Karnataka Chamber of Commerce & Industry and Mizoram Chamber of Commerce of India, Kunming Chamber of Commerce & Industry of China and Singapore Chinese Chamber of Commerce & Industry of Singapore. The FBCCI has also established a Joint Chamber viz., Bangladesh India Chamber of Commerce and Industry (BICCI) in cooperation with the Federation of Indian Chambers of Commerce and Industry and signed an agreement of understanding with the United States Bangladesh Business Council (USBBC).
|Meeting on Bangladesh –UK Bilateral Trade & Investment Relation
Mr. A. K. Azad, President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) speaking at a Discussion meeting between FBCCI & WBCCI on “Bangladesh –UK Bilateral Trade & Investment Relation-” at FBCCI Conference Room on Monday (26.09.2011). Among others First Vice Chowdhury Babu, Vice President of FBCCI and Mr. Dilabor A. Hossain, Chairman of Wales-Bangladesh Chambers of Commerce are also seen in the picture
Discussion meeting on Overall Economic Situation of the country
|Mr. A. K. Azad, President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) speaking at a Discussion meeting on “Overall Economic Situation of the country” at FBCCI Conference Room on Saturday (06.08.2011). Among others Hon’ble Finance Minister Mr. Abul Maal Abdul Muhith, M.P (chief guest) & Commerce Minister Mr. Faruk Khan, M.P (special guest), Mr. Md. Jashim Uddin, First Vice Chowdhury Babu, Vice President of FBCCI are also seen in the picture|