A four-day international exhibition of corrugated carton and accessory products began yesterday in Dhaka with an aim to introduce businessmen to the latest technologies and products of the sector.
Bangladesh Corrugated Carton & Accessories Manufacturers & Exporters Association (BCCAMEA) and Dhaka Chamber of Commerce and Industry (DCCI) jointly organised the fair titled 'Pacexpo-Dime 2006'.
Packaging and printing products, accessories, plastic, raw materials, allied services and machinery are being displayed at the exposition at Bangladesh China Friendship Conference Centre.
A total of 120 exhibitors from home and abroad are participating in the fair with their products, services and technologies. The exhibition will remain open to all every day from 12pm-8pm without any entry fee.
Participants from India, Germany, Pakistan, Taiwan, China, South Korea, USA, Saudi Arabia and Malaysia have joined the show.
Malaysia-based event management company Es-Event Management Sdn. Bhd is organising the event.
Commerce Minister Altaf Hossain Choudhury inaugurated the fair as chief guest while Commerce Ministry Advisor Barkat Ullah Bulu, FBCCI President Mir Nasir Hossain, BGMEA President Tipu Munshi, BCCAMEA President Shafiullah Chowdhury, DCCI President M A Momen and Exhibition Convener Rafez Alam Chowdhury spoke.
The exhibitors are showcasing carton, garments accessories, including poly bag, backboard, neck board, collar insert, butterfly, collarbone, sewing thread, tape, elastic, printed and woven label, zipper, sticker, hanger, button, embroidery, barcode, interlining, tissue paper and padding.
Speaking at the inaugural function, Altaf urged foreign investors to invest in the sector, saying carton and accessories have emerged as important export items.
He said as an important backward linkage component of readymade garments, the sector is contributing very significantly to the country's export earning.
The global packaging industry is now worth US $ 440 billion which is expected to grow to US $ 597 by 2014 recording an average growth rate of 3.5 per cent a year.