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Razzaque: Bangladesh can tap $36 billion cut flower market
Press ReleasePublish : 01 Sep 2023, 22:14
Agriculture Minister Dr Muhammad Abdur Razzaque on Friday said Bangladesh can explore $36 billion cut flower market worldwide as it is now a very promising harvest.
"Flower cultivation is increasing on commercial basis. There is a huge market of $36 billion of cut flowers worldwide. We have the ability to tap this market and can attain market share of at least $500 million," he said.
The minister said this while inaugurating a modern wholesale flower market and processing centre built by Department of Agricultural Marketing (DAM) at Beribadh area near Gabtoli Bus Depot in the capital, reads a press release.
"Our economy will flourish more in the future. Export of cut flowers can play a big role there. So, we need to invent new varieties of flower, new cultivation technique and expand the market," he added.
Terming the wholesale flower market as a milestone in terms of agricultural marketing, Dr Muhammad Abdur Razzaque emphasized on modern and proper management of the market.
Leaders of flower trader community at the function said the size of local cut flower market is Tk1,500 crore and 1.5 million people are working in this sector now.
They expressed their gratitude for building this wholesale market and processing centre, saying, it would become very helpful in exporting the flower also.
