No bar to releasing export-import goods intact at BM Depot
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Sunday
June 26, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
SUNDAY, JUNE 26, 2022
No bar to releasing export-import goods intact at BM Depot

Economy

Abu Azad
23 June, 2022, 11:00 pm
Last modified: 23 June, 2022, 11:07 pm

Related News

  • Sitakunda fire: No compensation paid yet by depot owners despite commitment
  • Ctg depot fire: 2 more injured die, death toll reaches 48
  • Ctg depot fire: Sister waits at ICU gate as brother fights for life
  • Not owners, police sue depot officials for Ctg deadly fire
  • Fire at BM Container Depot fully doused: Army

No bar to releasing export-import goods intact at BM Depot

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the country’s import-export stakeholders have welcomed the announcement of the customs authorities and investigators

Abu Azad
23 June, 2022, 11:00 pm
Last modified: 23 June, 2022, 11:07 pm
Picture: Mohammad Minhaj Uddin/TBS
Picture: Mohammad Minhaj Uddin/TBS

Businesses can get their export-import products – around 800 twenty-foot containers, still intact – released at the BM Container Depot, which was damaged in a recent deadly fire and explosions at Sitakunda in Chattogram, customs authorities have said.

"There is no impediment to the release of import-export goods stuck in the depot due to the accident. Many are already contacting us to get their products released," Mohammad Fakhrul Alam, commissioner of Chattogram Customs House, told The Business Standard on Thursday.

"However, regular storage and processing of import-export products at the off dock of BM Depot will remain closed until further notice," he added.  

Meanwhile, Mohammad Mizanur Rahman, additional divisional commissioner (Development) and convener of an inquiry committee formed by the Chattogram divisional commissioner to investigate the incident, told TBS, "The investigative agencies have collected the necessary documents and samples. Now the goods can be released from the depot."

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the country's import-export stakeholders have welcomed the announcement of the customs authorities and investigators.

Quoting the Bangladesh Freight Forwarders Association (BAFFA), BGMEA Vice-President Rakibul Alam Chowdhury told TBS that 800 twenty-foot export-import goods were found intact after an inspection of the containers damaged in the devastating fire which broke out on 5 June at the BM Container Depot.

"It is important to arrange for the quick shipment of products that are intact because if these containers are not shipped, the export sector will suffer. Now it is necessary to take the products from BM Depot to another yard and ship them from there as soon as possible," he added.

The BGMEA leader said it needs to be done in the interest of the state, in the interest of the economy of the country.

BM Depot will be rebuilt

Major General (retd) Shamsul Haider Siddiqui, general manager of Smart Group, which is in charge of BM Depot, told TBS, "The customs and port authorities did not allow our operational activities. However, we are starting the work of cleaning up the depot from Friday. Plans are afoot to rebuild the depot. For this, the preliminary work of making a new design has been completed. We have sent a letter to 10 agencies to share the update."

About the import-export products stranded at the off dock, he said, "Businesspeople in the import and export sector have told us that the production of many companies is being disrupted due to non-availability of imported raw materials. Again, the period of shipping of export products of the garment sector is going by. So as soon as we get customs clearance, we will arrange for the release of the containers."

Additional Divisional Commissioner Mohammad Mizanur Rahman said, "The depot authorities can carry out their internal renovation work if they want; there is no obstacle in this."

According to the BGMEA, 141 garment exporters had goods worth $47.44 million at the BM Container Depot before the accident.

These garments were supposed to go to the United States, the United Kingdom, Canada, China, Australia, Germany, Sweden, New Zealand, the Netherlands and Denmark.

BGMEA's Rakibul Alam Chowdhury said, "The Sweden-based world-renowned brand H&M is the buyer of most of the burned products."

"Besides, products bought by Target, Walmart, Top Grade, Gaston, Philips Van Heusen, PVH, MBH, Chapter One Sports Wear, C&A Buying, New Frontier, Rochi Traders Inc and BASS also caught fire," he added.

Kamruzzaman Kamal, director (Marketing) of Pran-RFL Group told TBS, "Before the accident, the company sent 2,19,204 cartons of goods worth $35,11,734 to BM Depot for export to different countries. It is unknown at this time how much of the products is yet intact."

Bangladesh / Top News

BM Container Depot Fire

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Photo: TBS
    Hundreds of vehicles cross Padma Bridge as it opens to traffic
  • PM asks new generation to lead country towards prosperity
    PM asks new generation to lead country towards prosperity
  • Representational image. Picture: Collected
    Edible oil price likely to drop in two days: Commerce secy

MOST VIEWED

  • 20 businesses get nod for $326m foreign loan for expansion
    20 businesses get nod for $326m foreign loan for expansion
  • Infograph of Foreign Portfolio Investment 2022 - The Business Standard
    As Taka weakens, foreign investors take away Tk6,000cr from stocks
  • Photo: Noor-A-Alam
    Dollar crisis intensifies LC payment pressure as taka weakens
  • Inflation hits 8-year high in May
    Inflation hits 8-year high in May
  • Sanowara Group: The genesis of a business conglomerate
    Sanowara Group: The genesis of a business conglomerate
  • Railway plans big. Will service also look up?
    Railway plans big. Will service also look up?

Related News

  • Sitakunda fire: No compensation paid yet by depot owners despite commitment
  • Ctg depot fire: 2 more injured die, death toll reaches 48
  • Ctg depot fire: Sister waits at ICU gate as brother fights for life
  • Not owners, police sue depot officials for Ctg deadly fire
  • Fire at BM Container Depot fully doused: Army

Features

Aesthetically, these co-ords are wondrously unfussy, and transmit an air of sartorial confidence. Photo: Noor A Alam

The reign of oversized pantsuits

4h | Mode
Photo: TBS

A dream dreamt and then delivered

18h | Panorama
In pictures: 2022 Dhaka Motor Show

In pictures: 2022 Dhaka Motor Show

1d | Wheels
Our team full of hope and mettle, before we entered the disaster zone. PHOTO: SWAMIM AHMED

How we survived 4 days in Sunamganj flood

2d | Panorama

More Videos from TBS

'Anondolok' is a fun field of dance,music and culture

'Anondolok' is a fun field of dance,music and culture

38m | Videos
Learn all about sports in Khelbei Bangladesh

Learn all about sports in Khelbei Bangladesh

4h | Videos
Building Padma Bridge a perfect reply to conspirators, says PM Sheikh Hasina

Building Padma Bridge a perfect reply to conspirators, says PM Sheikh Hasina

18h | Videos
Grand opening of Padma Bridge with colorful airshow and festival

Grand opening of Padma Bridge with colorful airshow and festival

19h | Videos

Most Read

1
Photo: Prime Minister's Office
Bangladesh

New investment in transports as Padma Bridge set to open

2
Japan cancels financing Matarbari coal project phase 2
Bangladesh

Japan cancels financing Matarbari coal project phase 2

3
Desco wanted to make a bold statement with their new head office building, a physical entity that would be a corporate icon. Photo: Courtesy
Habitat

Desco head office: When commitment to community and environment inspires architecture

4
Photo: TBS
Infrastructure

Gains from Padma Bridge to cross $10b, hope experts

5
20 businesses get nod for $326m foreign loan for expansion
Economy

20 businesses get nod for $326m foreign loan for expansion

6
Multiple robbery incidents reported in flood stranded Sylhet and Sunamganj
Bangladesh

Multiple robbery incidents reported in flood stranded Sylhet and Sunamganj

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
Five aircraft of the Bangladesh Air Force performing in an airshow on Saturday. PHOTO: ISPR

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net