Commerce Minister Tipu Munshi yesterday said the government eyes US$10 billion exports in leather and leather goods in 2030.
“Bangladesh’s potential export product is leather. There is a lot of scope for development and export of leather industry. Currently, the export of leather sector is more than $1 billion. In 2030, this export may be $10 billion,” he said.
The minister said this while speaking as the chief guest at an inauguration ceremony of the three-day ‘Leathertech-2022’ at International Convention City Bashundhara (ICCB) in the city, said a press release.
Leather goods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB) organized the expo.
In his speech, Tipu informed that the government is establishing 100 economic zones in important places across the country and it is possible to easily develop leather industry in the economic zones.
“We have raw material and skilled manpower. By using new technology, we can take the leather industry a long way. There is a huge demand for leather products in the international market,” he added.