The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently said the readymade garment (RMG) sector is facing a crisis in shipments of finished products due to shortage of road transport, affecting global buyers’ confidence. Though student protests are over, the transport situation is yet to be normal, BGMEA president Mohammad S Rahman said.
Some foreign buyers have already cancelled their trips to the country and if the transport situation remains unchanged, a good number of apparel companies will face stock lot, he told a press conference.
Factory owners will be compelled to opt for expensive air freight if this continued, he feared.
Hundreds of containers of imported raw materials are waiting at ports for delivery, Bangladesh newspaper reports quoted him as saying. (DS)
Source:https://www.fibre2fashion.com/news/textile-news/bangla-rmg-sector-in-trouble-due-to-transport-shortage-243952-newsdetails.htm