Light engineering expo to kick off on May 29
BD exports $795m products, while the country imports $1.5-2.0b annually
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A two-day Bangladesh Light Engineering Expo 2025 is going to kick off from May 29 in Dhaka, aiming to enable local producers to connect with new export markets, display their capabilities to the world.
The Bangladesh Engineering Industry Owners Association (BEIOA), in collaboration with the government's Export Competitiveness for Jobs (EC4J) Project, is going to organise the expo to be held at the Shahid Abu Sayeed International Convention Centre in the city.
It was disclosed at a press conference, organised by BEIOA, held at the Economic Reporters Forum (ERF) Auditorium in the capital.
This two-day national expo will showcase the country’s leading light engineering companies and their latest machinery, technologies, and innovative products.
BEIOA President Abdur Razzaque said the global engineering market is worth US$7.0 trillion, but our contribution is insignificant---less than one billion.
"But has huge potential to make it much bigger if we get all logical policy supports", he said.
The sector is still informal and yet to be formalised in terms of policies, investments and other issues, he added.
“We randomly export to Seven Sisters of India, Africa, Myanmar, and under special arrangement to Europe and Australia,” said the BEIOA president.
Around 24 exhibitors through 44 stalls from the country would present their offerings across designated pavilions, highlighting the sector's strength and innovation.
According to BEIOA, the sector supports not only backwards linkages for large industries but also contributes to agriculture, power, textiles, construction, and household appliance sectors.
With over 50,000 enterprises in the country, the sector provides direct employment to more than 0.3 million people and indirect employment to over 3.0 million.
It contributes approximately 3.0 per cent to the national GDP.
Currently, the sector exports products worth more than $795 million annually and meets 50 per cent of the domestic machinery parts demand.
Import is worth Tk 200-250 billion ($1.5-2.0 billion).
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