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Bangladesh is set for global leadership in sustainable development: speakers

Industrialists see financing a major barrier to investing in circular textile

Fund, tech and policy support needed for circular economy in textile sector

Bangladesh’s textile sector needs adequate funds, technology and policy support to ensure a circular economy, which will be a major requirement to export products to western countries in upcoming years, experts said yesterday.

Low spending on R&D alarming

Most industries in Bangladesh spend less than Tk 500 per year on research and development (R&D) per worker, according to the Centre for Policy Dialogue (CPD), a scenario that may hold back a country aiming to become a manufacturing hub and a developed nation in less than two decades.

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