QSSB Mission Meets with Bangladeshi Industry Members
- General News
USSEC’s QSSB mission continued in Kolkata, India, on August 1 and 2.
Ten Bangladeshi industry members, including Moshiur Rehman, the managing director of the Paragon Group, traveled to the city of Kolkata, near the border of Bangladesh, to meet the delegation. Five Indian crushers / soy traders also met the QSSB team and learned about developments taking place in Bangladesh.
The USSEC mission visited Hi-Tech feed mill, a new broiler feed mill that produces 96,000 MT per year and has plans to diversify into aquaculture feed. During the briefing at the mill, the delegation learned about poultry growth and consumer demand, but also noted that there is plenty of room for growth as the per capita consumption of chicken in India is still very low.
About 33 participants attended the “Bangla-U.S Soy Alliance” in Kolkata. This was an exclusive session for the QSSBs to interact with the Bangladeshi industry. There will soon be four crush plants and several full fat soybean meal (FFSBM) production units, which will add to whole bean consumption in Bangladesh.
Mr. Rehman stressed that it was more important to conduct in-country activities to demonstrate technologies to the Bangladeshi people rather than conduct trips to the U.S. or the ASC region, noting that the scope of exposure is limited on the latter while in-country demonstrations and activities can be accessed by more people. He noted that aquaculture demonstrations were of immediate requirement.
Kazi Hassan, a key industry leader managing the Kazi group, gave his positive impressions on U.S. Soy and mentioned that his group would need some assistance or recommendations on how to improve their posts’ infrastructure. At the moment, he observed that there is too much handling, as large vessels cannot access the port. Increased tax on soybean meal imports in Bangladesh will make meal costlier and this could shift imports of meal to India.
Following the “Bangla – U.S. Soy Alliance” meeting, the group attended the evening networking reception, which was attended by the Bangladeshi industry members, QSSBs, USSEC, the U.S Consulate in Kolkata, and the East Indian industry representatives. The three-hour interactions helped the QSSB team to better understand Bangladeshi requirements as well as the East Indian industry. A total of 58 members attended the networking event.
The QSSB team participated in 3 impactful activities in 14 hours’ time in Kolkata.