Will incentivising subcontractors boost Bangladesh’s RMG growth?

Many believe subcontracting units are vital to Bangladesh’s apparel growth.
Bangladesh Bank has recently authorised export incentives for garments and textile products manufactured and exported through sub-contracting arrangements.
The government earlier announced to extend cash incentives to subcontract factories.
Previously, only exporters operating in their own factories received such benefits.Many believe subcontracting units are vital to Bangladesh’s apparel growth.
Bangladesh Bank has recently authorised export incentives for garments and textile products manufactured and exported through sub-contracting arrangements.
The government earlier announced to extend cash incentives to subcontract factories.
Previously, only exporters operating in their own factories received such benefits.