The Dhaka Stock Exchange Ltd (DSE) and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have signed a memorandum of understanding to foster collaboration and support the country’s readymade garment sector in accessing capital market services.
Under this MoU, DSE and BGMEA aim to assist RMG enterprises in raising capital from both domestic and international sources by leveraging the various products and features offered by the capital market platform provided by the DSE.
Faruque Hassan, president of the BGMEA, and M Shaifur Rahman Mazumdar, managing director (acting) of the DSE, signed the MoU on behalf of their respective organisations at the BGMEA Complex at Uttara in Dhaka on September 14.
BGMEA vice-president Shahidullah Azim, director Mijanur Rahman, chair of BGMEA standing committee on press, publication and publicity Shovon Islam, chair of BGMEA standing committee on trade fair Mohammed Kamal Uddin, chair of BGMEA standing committee on UD-Woven and Knit Md Nurul Islam were present at the MoU signing ceremony.
Hafiz Md Hasan Babu, chairman of the DSE, Md Shakil Rizvi, director of the DSE, and Sharif Anwar Hossain, director of the DSE, were also present.
The DSE and the BGMEA have agreed to jointly organise training sessions, seminars, and workshops with a particular focus on entrepreneurship for RMG companies.
These programmes will address key areas such as corporate governance, capital restructuring, and fundraising, said the BGMEA.
The DSE and the BGMEA will arrange specialised training programs for RMG company officials, equipping them with knowledge and insights into different aspects of the capital market.
The partnership aims to support garment factories in capacity development in high-end products, technologies and circularity through funds offered in the capital market.
