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˜ Started a modest beginning in
late Ɲ70s
˜ Flourished under MFA

˜ Currently comprises 3500 units

˜ Employs 1.6m people

˜ 66 per cent are women workers


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˜ Closure of enterprises
˜ Job and income losses
˜ Increase of unemployment and wage
inequality particularly for women workers
˜ Declining export market
˜ Employers will reduce the already low wage
rates to reduce price of product to increase
profit margin
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˜ Stiff competition from other exporting
countries
˜ Enhancing productivity and
competitiveness
˜ Improving workers rights and working
conditions
˜ Adjusting to changed global trade
environment
    

˜ |ost- MFA Action |rogramme (|MA|


˜ Formation of a Task Force
˜ Simplification of customs formalities
˜ Series of dialogues with stakeholders
˜ Tk. 200 million fund for retraining of
retrenched workers
 
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˜ Compliance promotion
˜ Attempts to diversify RMG

export market
 

  
˜ Establishment of compliance cell in
the BGMEA
˜ Group insurance for RMG workers

˜ Training programmes

˜ Lobbying at international level


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˜ mo large scale closure of enterprises
reported
˜ Modest growth of RMG during the first
quarter of 2005
˜ Export data suggests additional
employment created in the sector
˜ Knit wear doing better than woven RMG
˜ Realistic impact can be assessed only
after 2007
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