World Bank: Consolidating and Accelerating Exports in Bangladesh - 0 views
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According to the report, “Consolidating and Accelerating Exports in Bangladesh” exports can grow faster, provided critical bottlenecks are addressed. Bangladesh needs to improve its trade logistics and infrastructure, increase supply of skilled manpower, and ensure compliance with Government’s labor standards.
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The skills gap is becoming increasingly visible in all manufacturing sectors, and perhaps more so in the garment sector. A high rate of rejection of final products is one evidence of this. Presence of skilled foreign workers is evidence of gaps in supervisory and management skills. As the main vehicle for training workers, the publicly-funded Technical and Vocational Education and Training program needs to increase its relevance to better meet the needs of garments and other sectors. More innovative ways to improve skills, such as trainee-targeted training vouchers, also need to be thought of.