BGMEA, TTRI sign MoU to boost manufacturing Bangladesh’s MMF products
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The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Taiwan Textile Research Institute (TTRI) teamed up to collaborate on enhancing capacity of Bangladesh’s readymade garment industry in the areas of product development especially manufacturing high-end products made of manmade fibre (MMF).
In this regard, they signed a MoU at Taipei, Taiwan on May 4, according to a statement.
BGMEA Director Asif Ashraf and Vice President of TTRI Sheng-- cotton ones, fu Chu inked the MoU on behalf of their respective sides.
BGMEA Directors Faisal Samad, and President of Taiwan Textile Federation Justin Huang were present, among others, at the signing ceremony.
The MoU aimed to foster collaboration on building capacity of the industry through sharing knowledge and expertise in technology adaptation, skills development, innovation, resource efficiency and circularity.
Another objective of the understanding is to promote direct or joint venture investments from Taiwan to Bangladesh in non-cotton textiles, high end garment items, technical textile, woven textile an skills development and innovation, it added.
As per the understanding, Taiwanese companies will also work under this umbrella to share their expertise and technical know how Bangladeshi companies.
It will also facilitate collaboration between industry and academia to identify areas of improvement and capacity enhancement and providing with knowledge and skills required to address future challenges.
The collaboration with Taiwan Textile Federation and Taiwan Textile Research Institute will help Bangladeshi apparel companies to have an understanding of the strengths of Taiwanese companies. BGMEA and the Center of Innovation, Efficiency and Occupational Safety and Health (CIEOSH), BGMEA University of Fashion and Technology and other universities can be the stakeholders in this research collaboration.
Taiwan Textile Research Institute have around 100 researchers working under that umbrella who can support Bangladesh’s apparel industry to understand the future need of the industry an d make a plan for next 15 years roadmap to improve its capacity, capability in terms of product developments and other areas.
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