The Commerce Minister of Bangladesh, Mr Faruk Khan, announced that, the government is trying to turn the BGMEA Institute of Fashion and Technology (BIFT) into a full-fledged university for diversification of RMG products in the present competitive global market.
He advised the BIFT to look for a suitable place to set up the proposed university. Mr Faruk Khan called the RMG industry as one of the most important sectors, considering that it contributed 80 percent to the total export volume from the country.
He added by saying that, so far it has created four million jobs directly or indirectly, mostly women and this job creation of over four million for women is a shinning example of their empowerment.
A large number of rural people mostly women, who once upon a time were not able to earn their livelihood, are now leading a decent life, contributing to the incomes of their families, he said.
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