SME Foundation helps leather businesses in Bangladesh’s Hazaribagh

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The Hazaribagh leather cluster in Bangladesh makes annual transaction worth about Tk 60 crore now, according to the SME Foundation, whose managing director Mafizur Rahman recently said the foundation has helped improved the economic condition of Hazaribagh and huge scope exists of generating more employment there and generating foreign currency.

The economic condition of residents in Hazaribagh was quite poor after tanneries were removed and replaced with a leather goods market.

The Hazaribagh leather cluster in Bangladesh makes annually transaction worth about Tk 60 crore now, according to the SME Foundation, whose managing director Mafizur Rahman recently said the foundation has helped improved the economic condition of Hazaribagh and huge scope exists of generating more employment there and generating foreign currency.

More than 400 shops, showrooms and factories have been set up in different places, including around Institute of Leather Engineering & Technology, Hazaribagh Bazar and the Dhanmondi 15 zone, the foundation said in a press release.

Various kinds of products, including wallets, shoes, bags and belts, are made in the cluster, whose traders are also exporting products to some Middle East countries, the United States and Italy, the foundation was quoted as saying by Bangladeshi media reports.

Fibre2Fashion News Desk (DS)


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