"Exports of plastic products are gradually increasing. So, it is possible to reach the milestone, said Jashim Uddin, president of Bangladesh Plastic Goods Manufacturers and Exporters Association, at a press conference in Dhaka on 11 Sept. 2012.
He, however, stressed the need for using modern technology. "We have to adopt modern technology and add value to our products.
In terms of exports, the plastic industry is in the 12th position in Bangladesh. The country earned $90.10 million in fiscal 2011-12 year from exports of plastic goods, up from $68.76 million a year ago.
The association organised the press briefing to announce the schedule of the upcoming eighth International Plastic Fair-2013 on 23-26 January at Bangabandhu International Conference Centre in Dhaka.
The association and Chan Chao International Co Ltd, a Taiwan-based company, are co-organising the show.
The organisers said the fair will be held every year now due to the rising demand for plastic goods at home and abroad.
Jashim Uddin, also the first vice-president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), said the garment industry is doing good business only because of compliant factories and the recent development in infrastructures.
Referring to China that is relocating its factories to Bangladesh, he said Bangladesh can easily utilise the opportunity through value addition.
He favoured relocation of the plastic factories from Old Dhaka to a suitable place having all required facilities.
The government should focus more on setting up a technology centre as well as some training centres to create modern designs and attract more buyers, said Jashim.