Building Bangladesh again

Building Bangladesh again Despite all the setbacks and difficulties after over 40 days of unrest, the country’s RMG factories are back on track, working in full swing and quite hopeful that the current situation will not impact long-term growth opportunities.

After almost more than 40 days of ‘unprecedented’ unrest, hundreds of deaths across the country, an internet blackout, a curfew for several of those days, the resignation of Prime Minister Sheikh Hasina with her leaving the country and uncertainty about the future, Bangladesh is now on the way to a new beginning. It is being termed as achieving a second liberation. And hopefully learning from all past failures and the mounting challenges ahead, this new journey will make Bangladesh a successful and more peaceful country along with its strong RMG industry. Irrespective of all setbacks and difficulties, the country’s RMG factories are back on track, working in full swing and quite hopeful that the current situation will not impact longterm growth opportunities. The intensity of the negative developments shook the confidence of the industry since chaos reigned and the flow of information was restricted. In countries that were having competition with Bangladesh, voices for ‘Bangladesh+1’ began to be heard. Apparel Industry News highlighted that apparel brands, worried about Bangladesh for a while, were expected to look at alternative destinations to de-risk their sourcing from the country, except that it did not happen nor is it expected to happen.

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