Overskrift (MetaUM str. 30)

In cooperation with our sponsors, the Danish Embassy in Dhaka Bangladesh, Tekstil &
Tøj and Dansk Mode og Tekstil proudly invites you to participate in a textile delegation
to Bangladesh
We will introduce you to your next sourcing destination by arranging speed-dating
meetings for you with the best suppliers in Bangladesh within areas like ready made
garments, leather and footwear products and other accessories
You define what kind of partner you are looking for in Bangladesh. The Embassy in
Dhaka will set up 8-10 meetings for you on the first day of the delegation and during the
remaining 3 days you follow up and visit relevant local companies
Due to low costs the garment sector is booming and
Bangladesh is now the second largest exporter worldwide
Production costs are not found lower anywhere else in the
world and they will remain low for many years to come due
to the high population growth
Duty free import exists to the EU and US markets
The capabilities and product portfolio are constantly
increasing and improving
All your competitors and the big names are moving here
Bangladesh has a stable economy and a democratic
government
There is a strong Danish presence in the support/supply
chain in Bangladesh
Today more than 4.800 garments factories
exists in Bangladesh
14,000
More than 3.1 mill people are employed in
the industry
12,000
Export value was around 12,4 billion US$
in 2008-2009
8,000
In 2010/2011 total export is expected to
pass 17,0 billion US$
4,000
EXPORT OF RMG
10,000
6,000
2,000
0
2008-09
2006-07
2004-05
2002-03
2000-01
1998-99
1996-97
1994-95
1992-93
1990-91
1988-89
1986-87
1984-85
Bangladesh manufactures 2-3% of world leather
production
>50 manufacturers are involved in producing items
like footwear, hand bags, travelling kits, suitcases,
fashion accessories, wallets etc.
Export takes place to more than 50 countries and
total export of leather goods was around US$ 385
millions in 2008/2009. In July-December 2010 an
export increase of 30% was reported compared to
the same period the year before
Large domestic supply of quality raw materials is
among the driving forces
A strong trend of moving production from China
and Taiwan to Bangladesh is seen. At least 7 new
footwear factories are currently under construction
By 2013 the footwear industry alone is expected to
be a billion US$ industry (US$ 205m in 2009/2010)
Labor cost per hour including social charges, 2008
USD
1.50
1.00
0.50
0.22
0.43 0.44
0.33 0.37 0.38
0.51 0.52
0.68
0.83
0.9
1.07 1.08
1.00 1.01 1.01
0.00
* Chart is generated with midle values from the following country specific datasets:
Haiti: 0.49-0.55, China III (Inland): 0.55-0.80, China II (Coastal 2): 0.86-0.94, Nicaragua: 0.97-1.03, Thailand: 1.29-1.36
1.18
1.33
Under the GSP Bangladesh has for years been excepted
from paying import duty when exporting to the EU and US
markets
Until 1st January 2011 a product needed to have 60% value
added in Bangladesh to become valid under the GSP rules.
From 1st January 2011 and onwards a product only needs to
have 30% value added in Bangladesh to become valid under
the GSP rules
The change is expected to have significant impact on export
from Bangladesh. For almost any kind of production a
company can now setup an assembly plant in Bangladesh
(and import all raw-materials) and obtain duty free access to
the EU-market
Compared to countries like China, Vietnam, India etc. the
duty free access reduce import costs with 9 to 12%
T-shirts: US$ 1,70-6,50
Polo: US$ 3,50-6,50
Shorts: US$ 4,00-8,00
Jeans: US$ 7,00-12,00
Shirts: US$ 6,00-10,00
Jackets: US$ 8,00-25,00
Pants: US$ 7,00-14,00
Rough price examples FOB from “compliance” factories.
Prices varies significantly with quality, size, complexity etc.
Denmark
50% of population
below 24 years
Bangladesh
 Winter jackets
 Underwear, incl. bras
 Tuxedo shirts
 Formal trousers
 Formal shirts
 Lady’s skirts
 Bedclothes
 Ski clothes
 Sweaters
 Work wear
 Sports wear
Companies sourcing (samples)
In support services
In logistics
22nd May:
Arrival and transfer to hotel by
the Embassy
24th May:
Day reserved for follow-up
meetings and factory visits
with preferred suppliers
26th May:
Day reserved for follow-up
meetings and factory visits
with preferred suppliers.
23rd May:
Introduction
• Ambassador welcome and
introduction to Bangladesh
• Presentation by Danish
companies sourcing or
providing services in BD
Optional delegation dinner
De-briefing dinner at
ambassadors residence
25th May:
Day reserved for follow-up
meetings and factory visits
with preferred suppliers.
Late night departure for
Denmark
Speed-dating
• 30 min. meetings with 8-10
potential suppliers
Optional delegation dinner
Optional delegation dinner
with Danes in Bangladesh
The Embassy will handle
all logistics in Bangladesh
Delegation costs:
10.000 DKK for participation to be paid to the Danish
Embassy in Dhaka
Hotel and local transport:
Expect 5.000 DKK. The Embassy will book room for your at
the hotel where the speed-dating will take place
Local transport will also be booked by the Danish
Embassy. All you have to worry about is defining the type of
company you would like to meet and book your own flight
tickets
Flight tickets:
You need to book your own flight tickets. Expect 6.00010.000 for tickets depending on carrier and schedule.
Please be landing in Dhaka on 22nd May – e.g. late night in
the afternoon with Thai or late night with Emirates
See more details on programme and e.g.
flight options on www.ambdhaka.um.dk
The Danish Embassy, Dhaka
Tekstil og Tøj
Dansk Mode og Tekstil
Head of Trade Section
Morten Siem Lynge
[email protected]
www.ambdhaka.um.dk
Mobile: (+88) 01713 016 266
Sekretariatschef
Torben Rosenstock
[email protected]
www.danskerhverv.dk
Mobile: (+45) 4131 6010
Direct: (+45) 3374 6122
Handelschef
Michael Hillmose
[email protected]
www.dmogt.dk
Mobile: (+45) 2222 0408
Direct: (+45) 9711 7294
Svend Olling
Ambassador
Samina Shahrukh
Senior Commercial Officer,
Trade Section
Farah N. Zabeen
Programme Officer
B2B
Morten Siem Lynge
Counselor and B2BCoordinator
Bo B. Andersen
Intern, B2B
Farzana Afrin
Secretary to Ambassador
Steen J. Andersen
Intern, Trade
The delegation is sponsored by DAMCO, market leader for logistic services in
Bangladesh and by Magnus Textile Services, a fully Danish-owned accredited test
institute in Bangladesh also conducting inspections, audits and order compliance etc.