Bangladesh flower market reaches BDT 1259 crore

- A Monitor Report 08 Dec, 2018 | 4301 Views|-+
Dhaka: A three day-long international flower exhibition organised by of Dhaka Chamber of Commerce & Industry (DCCI) kicked off on December 6 in Dhaka.

Given the immense possibilities of the flower market of Bangladesh, DCCI, the largest trade promotion organisation of the country supported by USAID Bangladesh and in association with Bangladesh Flower Society (BFS) organized the "DCCI Presents International Flower Exhibition and Conference-2018" at the Bangabandhu International Conference Centre (BICC) from December 6-8, 2018.

Speaker at the inaugural ceremony said that the flower market in Bangladesh stands for (BDT 1259 core) USD$150 million having a potential capacity to grow more with greater end-market demand and availability of improved farming system.

Abul Kashem Khan, president of DCCI in his inaugural speech said Bangladesh presently exports, special cut flowers is over 10 per cent and has reached US$86,000 in 2018.

Demand for cut flowers and high end flowers are increasing in the both local and international market, he added.

The DCCI president explained that the $20 billion flower market in China and about $1.25 billion in India, there is huge opportunity for Bangladesh to improve flower business, enhancing local and international market linkage and collaboration.

The exhibition was inaugurated by Kazi M Aminul Islam, Executive Chairman, Bangladesh Investment Development Authority (BIDA). While Md. Nasiruzzaman, Secretary in charge of Ministry of Agriculture, Anwar Faruque, consultant of USAID and former Secretary of Ministry of Agriculture, Derrick S Brown, Mission Director of USAID Bangladesh, Abdur Rashid, president of Bangladesh Flower Society, Thomas Pope of USAID Bangladesh Mission, Kamrul Islam, FCA, Senior Vice President of DCCI also spoke at the occasion.

The flowers are grown in 10,000 hectares of land in 23 districts across the country. The flower sector in Bangladesh has engaged 25,000 families and another two lakh people are employed, both directly and indirectly, said Abul Kashem Khan, president of DCCI.

It is expected that the 3-day event will create a platform for the growers and potential investors to build connections with the actors in the large Asian market and to attract investment in this sector.

Apart from the floral display, the event has organised thematic seminars for growers and investors to share information on new variety and cultivation techniques and technologies from the exhibitors participating from India, Nepal, Thailand and Bangladesh.

Moreover, the event will showcase art competition for the children, photography competition, musical fusion, schooling on rooftop gardening, flower rally, 3D mapping, folk music and puppet show.

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