The decision came in a meeting of the taskforce set up as per the demand of various stakeholders, including the Leather Goods and Footwear Manufacturers and Exporters Association of Bangladesh (LFMEAB). Industries minister Nurul Majid Mahmud Humayun presided over the programme.
There are 205 plots in the tannery estate. Of these, some 155 have already been allocated, and 132 are now operating, according to Bangla media reports.
Thousands of pieces of rawhides of sacrificial animals remained unsold during the Eid-ul-Azha in previous years. Many people buried and threw away their rawhides after failing to get expected prices, while others sold those at throwaway prices.
A drastic fall in rawhide prices forced small, medium and seasonal traders in different districts to incur huge loss during the Eid festivals.
If central storage for rawhides and skins is set up in the country, such a situation would not take place in the future.
ALCHEMPro News Desk (DS)
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