“International Oils & Fats Expo
Bangladesh-2024 and Conference” has been held in Dhaka, the capital of
Bangladesh for the past 15 years. The 12th edition of “International Oils &
Fats Expo Bangladesh-2024 and Conference was held on April 25-27, 2024. “International
Oils & Fats Expo Bangladesh-2024 and Conference, "International Grain
Tech Bangladesh-2024" "International Agro Tech Bangladesh-2024"
and "Food Tech Dhaka Expo-2024" are held together.
The
exhibition is jointly organized by LIMRA Exhibitions and the Rural Development
Academy (RDA). 12th International Exhibition on Oils & Fats, Rice, Flour,
Cereals, Grains, Spices, Milling, Silos, Food Processing Technology &
Accessories "12th International Oils & Fats Tech Exhibition &
Conference-2024" on 25-27 April 2024 at International Convention City
Bashundhara (ICCB), Held at Kuril, Dhaka, Bangladesh.
On
April 25, 2024, the Hon'ble Minister of Local Government, Rural Development and
Cooperatives, Government of the People's Republic of Bangladesh, Mr. Mohammad
Tajul Islam MP inaugurated the exhibition.
Honorable
Minister of State for Local Government, Rural Development and Cooperatives
Ministry Mr. Md. Abdul Wadud MP was present as a special guest at the event.
Mosammat
Hamida Begum, Senior Secretary, Rural Development and Cooperatives Department,
Ministry of Local Government, Rural Development and Cooperatives presided over
the event.
Mr.
Md Khurshid Iqbal Rezvi, Director General (Additional Secretary), Rural
Development Academy (RDA), Bogra was present on the occasion.
International
Oils & Fats Expo Bangladesh-2024 and Conference is an event on technology
and related products of the Oils & Fats industry in Bangladesh. The
International Exhibition for Oils & Fats Industries technology was a huge
opportunity for national and foreign manufacturers and producers to launch
their latest products and equipment as well as build brand image in the
industry market. Visitors were gotten the opportunity to view, compare, and buy
the best products for farmers, traders, brokers, manufacturers, distributors,
and sellers to interact with the global market and develop new business
contacts.
Exhibits
include Oils & Fats mills, rice mills, feed mills, flour mills, pulse
mills, grains, spice mills, storage, silos, boilers, reboilers, grain dryers,
milling machinery, dairy and poultry equipment, fisheries, aquaculture, food
products, etc. was shown there.
The
exhibition featured 350+ exhibitors and their selected agents from 17 countries
such as Turkey, China, Italy, Thailand, USA, Germany, Spain, Vietnam, Korea,
Canada, India, Indonesia, Pakistan, Singapore, Japan, and Bangladesh were shown
their products and technologies.
Bangladesh
market is mainly an import-dependent market. And because the size of this
market is large, an organization has multiple subsidiaries, they also have
branches. That is why all branches of the mother sector of agriculture like Oils
& Fats Tech, Grain Tech, Agro Tech, and Food Tech are present at the
exhibition. In short, all sectors from the farmer's farm to the consumer's
food-table are covered at the Oil & Fats Tech, Grain Tech, Agro Tech, and Food
Tech exhibition.
The
consumption of oil and fat has increased since 2015 with the economic progress
of Bangladesh and improvement in living standards and dietary habits. But Covid-19
has wreaked havoc on the use of oils and fats like other commodities. As a
result, consumption began to decline in 2020 compared to oil and fat imports,
which continues today. In addition, new factors such as rising food, fuel, and
freight prices resulting from the Ukraine-Russia war are exacerbating the
situation. Bangladesh had a shortage of oil and fat since the early 1960s. It
is an overpopulated country with limited land for oilseed cultivation. Oilseed
cultivation is shrinking due to competition with food and cash crops, which
require imports of about 92-93 percent of the country's annual oil and fat requirements.
In such a situation, the exhibition of "Oils and Fats" can play a
special role in the growth of the oil market.
The
famous South Asian “Green Feed & Meal Magazine” was the media partner of
these Exhibitions.
-SZK
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