Globally renowned companies those had left the country following some unwanted incidents are now coming back to Bangladesh to source its branded merchandise.
With this the country's readymade garment (RMG) factory owners are expressing the optimism that soon they will be able to attract million dollars’ export orders.
Although, yet there is no official announcement, but according to the BGMEA leaders the American giant company Walt Disney is coming back to Bangladesh after eight years to source its garment items.
President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Faruque Hassan said, "Walt Disney is coming to source from Bangladesh again as we have tremendously developed our workplace safety, working conditions and compliance. They are reincluding Bangladesh in their list of Permitted Sourcing Country with International Labour Standard audits."
In 2013, Walt Disney stopped buying clothes from Bangladesh due to the incidents of fire and building collapse in the garment industry. However, the company is currently considering re-inclusion of Bangladesh in its list of approved sourcing countries in view of international labour standards.
The BGMEA president said, "Hong Kong-based supply chain compliance solutions provider QIMA in its recent report ranked Bangladesh as the second highest ethical manufacturing country. The ratings included parameters such as hygiene, health and safety, child and young workers, labor practices including forced labour, labour representation, disciplined practice and inequality, working hours and wages, and waste management."
Entrepreneurs in the garment industry said that Bangladesh has the largest lead green factory in the world. A total of 144 lead green factories have been certified by USGBC, of which 41 are platinum. Over the past decade, Bangladesh has gained the confidence of global brands and buyers with its tireless efforts and initiatives.