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Few
days ago webbangladesh.com representatives took interview on him. Here
we include the summary of Interview:
Q:
You are quit experience in this field, deliberate some thing in the
perspectives of Bangladesh, how this sector contributes in our
National Economy?
·
(A.H) --This sector contributes lot for our National Economy. in the other
hands it is one of the negligent sectors during the long era.
Jewellery sector contributed both Nationally and Internationally.
There are lots of things only one time useable. But gold can use in
recyclic order, it can be also use from generation to generation or
hereditarily. In terms of cash money gold has also an important role.
It is the friend of bad time but normally it is use in for fashion.
Gold ornaments have a refund value but other products don’t. Women
of the Indian subcontinent have a weakness and special fascination of
jewellery products. Gradually the demand of jewellery product
augmented in Bangladesh. Gold product industry, designer, worker, and
different luxurious show room immensely increases in Bangladesh. More
than one million people are working in this sector. In economical
context it is definitely a good scenario. If we export our jewellery
product then lot of employment creation may be created. Especially
rich people are the main buyer of jewellery product. Despite middle
class and lower class peoples interest to buy this product, due to the
financial constraint they bound to change their mind. But present
scenario demonstrates that it is not reflecting positive result but in
future it will create great opportunity for our national economy.
Q.
What types of problem you are facing in case of export products ?
(A.H)--
It is a very prospective sector for jewellery exporters. Gold is the
world most expensive products. It Captured whole world with good name.
Despite deficiency of gold designer first world countries are not able
to market well design jewellery product. If they design and market it
takes high cost. But our hand made design ornament are very popular in
Middle East and European countries. According to world gold council
information, Around the world 80% of the total gold design worker are Bengali. Though we have skilled designer and immense opportunity, we
can’t export that much due to the specific export policy. For that
reason we are depriving for earning foreign currency. We take
initiatives to submit four proposals to our government as well as
policy makers. Like---
-
We need customs policies and want to normal bond policies
instead of supervised bond. Gold exporter can export to his own
sources and he is able to replace it again this is the benefit of
normal bond.
-
For
introduce with our gold product in world market we will have to give
50% subsidy of their wages.
-
We need government concern &
initiates for the
establishment of Training Institute, for our existence and compete the
worldly environment.
-
Ensure bank loan flexibility for the exporter.
If
our administrative body ensures these four policies then we will be
able to earn at least 50-100 core dollar within three (03) years.
Q.
Our neighbor country India is very much ahead to us. Gold
item is the second foreign currency-earning sector of India. Why we
are fail to keep pace with in this sector?
(A.H)
-- when Middle East was very rich with natural endowments like oil. In
that time their labour cost was so high and their valuable cost and
marginal cost is going to increase, that’s why they are interested
to import gold and gold product. In that time many importer of that
country came in our country. But in that time none of our gold
businessmen are took it seriously and they have less interest to do
business with them. In support of export development bureau we visited
lots of well-named jewellery shop in our country with the enthusiastic
body. But they are not spontaneously responded about gold exporting.
But after that the interested groups contact with Pakistan, Srilanka,
and Indian market. Indian gold design, robust backup of their
government and private organization initiatives they are incline to
their mind to do export business. On the other hand Indian gold
manufacturing company and Export Company took some promoting steps.
Whenever the interested bodies contact with them they were utilize
that opportunity. But we are failure of that. They are doing research
based work for the standardization of quality gold product. we are not
doing as they did. There are so many design Institutes and vocational
Institutes guided by government and non-government organization. But
we have no design Institute. Two years ago I established a designing
Institute named Bangladesh Institute of Design (BID). Now lots of
students including foreign students were enrolled in this institute
and learn how to design in gold products.
We
are fail to keep pace than India due to our government
irresponsibility and reluctantness of exporters. Now we took
initiatives to export gold in other countries. We were formed a
Manufactures and Exporter Associations for the acceleration of gold
export. It is possible for export gold ornaments and Diamonds, it is
around 1800 core dollars. In India they made it possible only for
their government supports.
Q.
How financial Institution supports this
sector?
(A H) -- During the last few years very small scale of manufacturing
industry has been established. Gold shop adorned for contractual basis. if
any body thinks for bank loan they need collateral. Despite
their interest, enthustic entrepreneurs are not able to run their
business in the other hand exporters all so faces same types of
problem due to the financial constrain. If our financial institutions
take collateral from jewellery business man and sanction loan from
them then enormous number of businessman can be gathered in this
business. Very soon we will take some expansion strategy for gold
business.
Q.
How gold price fluctuated?
(A
H) -- Gold price fluctuation totally depends on International market.
World market gold price rate depends on London (Bullion Market),
Australia (Sydney), Japan (Tokyo), and different market of New York.
In Bangladeshi gold businessman impose more (400-500) taka in terms of
international gold price rate.
Q.
Tell some of the quality of our gold maker?
(A
H)-- Our gold maker and artisan are the world best. Despite applications
of old designing concept and create well architectural ornament, but
other countries artisan are not able to do quality design. Lack of
modern machinery support our artisan takes time to complete their work
for that reason cost involvement is so high. Thus our artisan design
ornaments with their hands so the price of our product is also so
high. But we have great demand in international market.
Q.
If
we intended to dignify this profession, then what sorts of things we
need to establish?
(A
H)-- World quality gold product and specific export policy is very
much essentials to compete current age of the world. For the
capturazition of world market we need some incentives word from
government (first three years subsidy in exporting), If we generate
lots then price will be ultimately decline. We need to train up our
artisan for the familiarization of modern equipment. According to
world gold council survey report total number of world artisan 80% of
them are Bengali. This sector has a great prospect. If our government
and regulatory body give emphasis in this sector, revolutionary
changes will be happen in our countries economy.
Q.
What's your speculation about our country?
(A
H)-- I am trying and mentally prepared to do hard work
and endeavored to take some uplifting steps to accelerate my business
horizon. This is time to start. If we avoid bribary and corruption to
our administrative body then the scenario will be changes this is my
believe. Political unrest and abstain from unfairmens power apply then
we will able to reach our ultimate target.
Q.
What was the procedure to bring gold from abroad?
(A
H)-- In the current budget it is declared that every body bring
10(kg) gold from abroad but he has to pay custom duty 200 per (tola).
In last budget it was 300 per tola. In the year 1988 each Bhory was
7230 taka, and in the year 2000 it was 6500 taka. Earlier one dollar =
40,But now one dollar = 52 taka.
Webbangladesh.com
give especial thanks for giving time.
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