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Textiles Act, 2018 (No. 37 of 2018 Law).

Country/Territory
Bangladesh
Document type
Legislation
Date
2018
Source
FAO, FAOLEX
Subject
Cultivated plants
Keyword
Textile plants/fibres Business/industry/corporations Internal trade International trade Rural employment Crops/grasses
Geographical area
Asia, Asia and the Pacific, Indian Ocean, Least Developed Countries, South Asian Seas, Southern Asia
Abstract

This Act aims to meet the country's domestic textile demand, increase exports and create huge employment opportunities, the Bangladesh textile sector will be updated, helping to achieve international competitiveness, sustainable development, investment attraction, modernization, coordination and quality control, formulation of demand-based curriculum in the field of textile education, research, human resource development and skilled manpower and other related activities. The Government may entrust the management of the textile mills re-acquired under sub-section (1) to the Bangladesh Textile Mills Corporation to continue or resume its operations. In addition to government funding, textile mills may be modernized and new textile mills may be established through the cooperation of foreign governments with the Government of Bangladesh, public-private partnership, domestic and foreign joint investment, domestic private investment, foreign investment or similar management.

Full text
Bengali
Website
bdlaws.minlaw.gov.bd