The Bangladesh Garments Manufacturers and Exporters Association (BGMEA) have signed an agreement with mobile financial services provider to disburse stipends among mid-level readymade garments  (RMG) officials and workers.

BGMEA President Faruque Hassan and upay Managing Director and CEO Rezaul Hossain inked the deal in Dhaka Thursday. Under this agreement, the participants of the BGMEA-SEIP skill development project, an initiative for skill development of mid-level officials and workers of the RMG sector, will receive their stipend directly into their upay accounts.

The BGMEA-SEIP is jointly funded by the government and the Asian Development Bank and is being implemented by the BGMEA. Faruque said: "The RMG industry is gearing up for the next level of growth where skill development is a top priority to equip the workforce with the skills and knowledge to meet the need of the industry in the coming days."