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EPB hopes DITF to witness record sales this year


ditf-leadExport Promotion Bureau (EPB) is expecting to have a record spot orders from the country’s biggest trade show, surpassing last year. Customs officials have so far collected a VAT of Tk40 lakh from the participants, reports BSS.

The turn out of visitors and interests of local and foreign participants are quite satisfactory despite widespread apprehension of slim turnout due to the political situation at the trade fair, which began on January 11 at the city’s Sher- e-Bangla Nagar.

EPB officials, co-host of the month-long Dhaka International Trade Fair (DITF) said political unrest did not have negative impact on the trade fair, as the presence of visitors on daily basis is around one lakh, which outnumbers previous year’s presence.

“On daily basis, over one lakh visitors are visiting the fair, which is more than the last year,??? said Shubhashish Bose, vice-chairperson of EPB.

Bose said visitors are showing increased interest in their most favoured trade event that is benefitting both local and foreign participants; however, previously it was the participants whose request initially deferred the fair by 10 days.

He added: “We’re expecting number of spot orders will surpass previous year’s Tk157 crore.???

Local players are displaying new products, he said adding that performance of local electronic manufacturer Walton and some other handicraft and furniture companies are satisfactory.

The local players are now thinking of producing an array of foreign products as those displayed in the trade show, he said terming their tendency as good sign for Bangladesh economy.

Besides, he said, these local companies are also producing their export-oriented products to meet local demand after meeting export order.

According to customs officials, among the VAT payers, Walton gave around Tk3.5 lakh as VAT, Fit Elegance Taka two lakh, Brac Enterprise Tk97,000 and Sony Rangs Tk90,000.

An array of local products of host Bangladesh especially electronics, traditional Jamdani products, jute and jute goods, leather and leather goods, export-oriented readymade garment (RMG) goods, furniture and handicrafts are being displayed at the show to woo foreign buyers.

Majority of the visitors were seen assembling at different stalls that are displaying home appliances, kitchenware and textiles or clothing items.

Akramuzzaman Opu, in-charge of Walton Pavilion, said at the beginning the fair witnessed lower turn out of visitors but the number increased gradually and is still on the rise as we are moving to the end of the fair.

“We are satisfied with the presence of visitors, especially on holidays. We are hoping to be able to fulfill our sales target by end of the show,??? said Sarwar Jahan Chowdhury, Pavilion in-charge of Sony Rangs.

Ayubur Rahman, proprietor of Salma Jamdani Weaving Factory, a traditional Jamdani clothing manufacturer, who is displaying Tangail Tant and Jamdani sarees, said the main objective of his company’s participation is to know the customers’ choice and attitude.

Source: Dhaka Tribune

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