Speakers at a seminar in Dhaka recently said there is need for more public-private initiatives to further enhance the credit support to the textile sector as part of an exercise to turn Bangladesh into a developed country.

 They made such observation at the seminar on “Increasing the bank credit facilities for developing the textile industry” and demanded higher credit rate of all commercial banks for the sector.

Addressing the seminar, additional secretary of industries ministry, Sushen Chandra Das said the government is providing all sorts of efforts to develop the textile sector along with all other industries to attain the next development goal to become a middle income country.

He urged the textile industry owners and bankers to build good bilateral relation to make easy the credit facilities in the sector.