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5 February, 2018 00:00 00 AM
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Dhaka International Trade Fair ends

Sales, export orders fall

Staff Reporter
Sales, export orders fall
Huge visitors throng the Dhaka International Trade Fair-2018 at Sher-e-Bangla Nagar in the capital yesterday, the last day of the annual event that began on January 1. independent photo

The 23rd Dhaka International Trade Fair (DITF) has received Tk 160.57 crore spot export orders which is less than Tk 82.87crore from the previous year.

The local producers received export orders of about Tk 243.44 crore in 22nd DITF in 2017.

Also, the local and foreign exhibitors generated Tk 87.83 crore in sales during the fair, which is less than Tk 26 crore from the last year. In 2017, the businesses bagged Tk 113 crore during the fair.

Commerce Minister Tofail Ahmed who was the chief guest of the ceremony, disclosed the tatistics of export orders and sales of DITF-2018.

Speaking on the occasion, Commerce Minister Tofail Ahmed said that Bangladesh has made a significant progress in innovation. DITF will continue to encourage such innovative activities.

This fair will be held in a broader space in Purbachal in 2020. Some 35 acres of land has already been allocated which costs around Tk 500 crore for this purpose. An exhibition center is being built in that area. The entire project is supported by a Chinese company, he said.

Speaking at the closing ceremony, Commerce Minister Tofail Ahmed said a permanent structure will be constructed for the fair on a 35 acre of land in Purbachal. A Chinese firm has been given the work of this project which is expected to be completed by 2030, he added.

Addressing the programme, (FBCCI) President Shafiul Islam said, “We are still dependent on Ready-Made Garment (RMG) which contributes 80 per cent on national export.”

DITF is a platform to increase commerce and export diversify products in other sectors such as-- jute and jute goods, furniture and agro-processed foods, he said.                        

FBCCI president also said DITF ended successfully in cooperation of all quarters. He said the fair is now held by constructing big pavilions though small stalls were set up in DITF in the past.

Vice Chairman of Export Promotion Bureau (EPB) Bijoy Bhattacharjee said business people are the main driver of the present economic progress of the country. This international fair will further encourage the entrepreneurs to expo their innovative products.    

Vice Chairman of EPB Bhattacharjee said that all types of local manufacturing products were available to this fair which comprised; garments, furniture, electronics, leather shoe etc.  

The motto of this year’s fair was to promote the local products, especially product from the leather and jute sector. Bhattacharjee added.

Akij Ceramics Ltd was awarded the first prize in the best premier pavilion category while Minister High-tech park ltd, Walton High-tech industry Ltd and Akhtar Furnitures Ltd received the second prize in the same category.

The last day of the Trade fair noticed an affluent amount of crowd momentum.

Total 589 stalls and pavillions, among them 44 foreign stalls from India, Pakistan, Thailand, Nepal, UK, USA and Singapore and many other countries participated in the fair.

On December 1, 1995, DITF began its journey to showcase export quality goods which are being produced in Bangladesh. Since then, the number of visitors to the fair has grown exponentially.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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