BGMEA President Faruque Hassan, urged the government to expedite implementation of infrastructure ‘mega-projects’ and complete them as quickly as possible to stimulate local economy and further facilitate exports.
Hassan made the call during a meeting with Bridges Division Secretary Md. Monjur Hossain at Setu Bhaban in Dhaka on 25 January.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Hassan noted that with fashion seasons becoming shorter, apparel manufacturers are now under pressure to deliver products within a very strict time frame.
“Traffic congestion on the highways takes up very valuable time from the lead-time,” he said. “Additional time in transportation of raw materials and exportable goods from factories due to traffic jams is adding to production costs. So, it is of utmost importance to complete the mega projects in the shortest possible time to remove existing traffic congestion on the highways, especially on the Dhaka-Gazipur route.”
He also urged the government to begin implementation of the Dhaka-Ashulia elevated expressway project after ensuring alternative ways for use by commuters and vehicles during the construction works.
Hassan added that once the mega projects currently being developed by the government are completed, it would significantly improve transport connectivity in the country and accelerate trade by reducing cost of transportation and logistics.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe BGMEA also called for effective measures to maintain discipline on the highways as random on-street parking and makeshift shops and markets were slowing down transport routes and road traffic.
In December 2021, the BGMEA stressed the importance of deeper buyer-supplier relationships to excel in the “new normal”.
