Paper Industry Supply and Demand Issues in Bangladesh

Paper Industry Supply and Demand Issues in Bangladesh
Paper Industry Supply and Demand Issues in Bangladesh

Paper Industry Supply and Demand Issues in Bangladesh
This past Monday (March 21), Dr. Imtiaz A Hussain, a professor, International Relations, formerly Universidad Iberoamericana, Mexico City., wrote an article featured as an editorial on The Financial Express (Bangladesh) website. T inv198@hotmail.com He begins by explaining that even though production began seven decades ago, the Bangladesh paper industry faces long-term diminishing results without thinking outside the traditional box. When the Daud Group established the Karnafuli Paper Mills (KPM) in Chandragona (Chittagong) in 1953, bamboo and hardwood were the basic raw materials from a paltry forest coverage that has also been declining in size ever since. If that was not enough, with more than a hundred-odd paper mills today, the industry faces a domestic demand that has spiraled out of control. Not only has the population almost quadrupled since the beginning, but the per capita consumption has also exploded given the shift from a traditional society, the absence of a conservational instinct, and the scavenging effects of the Internet era. In short, a Taka 25 billion industry capable of producing half a million tons of paper annually and employing just under 30,000 people (accounting for almost 1.0 per cent of the country’s labor force), finds itself stuttering with the old model.

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