DCCI decries exclusive port rent exemption for Bangladesh RMG industry

The shipping ministry recently exempted the apparel industry from the four-fold store rent on imported items after the expiry of the storage period at Chattogram port.

Most importers use Chattogram port to bring in goods and traffic congestion on the highway, inadequate infrastructure at the port and delays in the unloading process often cause severe traffic jams in the port area, due to which importers across all industry sectors are facing challenges, DCCI president Taskeen Ahmed was cited as saying by domestic media reports.

Without improving the supply chain, proper logistics management at the Chattogram port and sound communication infrastructure, a mere four-fold increase in store rent will raise the cost of doing business, he lamented.

This may lead to the country falling behind competing nations in logistics costs, the DCCI president said.

ALCHEMPro News Desk (DS)