BIDA Highlights Golden Opportunity to Invest in Bangladesh’s Footwear Industry

20/02/2025 20/02/2025

WELL WORK

With rising demand for both leather and non-leather products, Bangladesh’s footwear industry offers promising investment opportunities. However, challenges remain in sustaining growth and expanding capacity, says the Bangladesh Investment Development Authority (BIDA). | Image: Freepik

BIDA executive member Shah Mohammad Mahbub said, "We see huge potential in this sector. If adequate facilities are provided, the footwear industry will become a major source of export income."

He also mentioned that BIDA is collaborating with the Board of Revenue to ensure investors receive the necessary facilities and support.

Over the past decade, non-leather footwear—driven by changing consumer preferences and environmental concerns—has experienced faster growth than traditional leather products, opening new and lucrative investment opportunities, according to BIDA.