Bangladesh eyes exports of processed poultry products
Bangladeshi poultry producers are preparing to export chicken-based food products from 2020. “We have immense opportunities to cater for the global halal market,” said Shamsul Arefin Khaled, President of the World’s Poultry Science Association-Bangladesh Branch (WPSA-BB).
Quoting him The Daily Star said, nearly USD 3.7 billion has been invested in the poultry industry so far, with an increasing number of poultry giants entering the market to sell processed products locally.
“Poultry producers will be able to export products worth USD 4-5 million a year initially. But we must cut our production cost to enter the competitive market and government’s support is needed,” Mr Khaled said. He urged the government to withdraw 5% advance income tax on import of feed raw materials.