Bangladesh maps progression at Circular Economy Summit
13/06/2024
The summit, organised by the Bangladesh Apparel Exchange (BAE) in collaboration with German development cooperation agency GIZ and in association with the Dutch embassy in Bangladesh, highlighted ways of transitioning from a linear economic model to one that prioritises resource efficiency and waste reduction.
HE Jahangir Kabir Nanak, government minister for textiles and jute, said: “Bangladesh’s apparel industry has come a long way in terms of sustainability. For the development of our country, it largely depends on the apparel and textile industry. There have been tremendous safety improvements in the industry. The country's apparel industry is taking a lead in responsible business. While we are going forward, we need to ensure it is sustainable. Collaboration will be key for circularity and progress.”
Mostafiz Uddin, founder of the Bangladesh Apparel Exchange and CEO of denim mill Denim Expert (pictured), said: “In 2016, it was the first time I wanted to do a study on waste percentage, and it was so difficult to find out the waste percentage in Bangladesh. But now everyone knows what the waste percentage in Bangladesh is. And it makes me so proud. The Bangladesh apparel industry has come so far that you can see that day by day we are improving more and more.”
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