Prospects of crocodile farming in Bangladesh

Abstract

Crocodile farming is a new concept for the entrepreneur, of Bangladesh as historically this industry never existed in Bangladesh. During the last decade the international demand for crocodile skin has increased tremendously which has turned this industry into a lucrative option for entrepreneurs worldwide. The major exporters of manufactured crocodile leather products are Italy, Germany, United States, Spain, France and United Kingdom. Though this crocodile farming and leather tanning industry is a new business idea but as the technology required for this industry is already available in Bangladesh, the weather and other natural factors are suitable for crocodile growth and a huge demand for crocodile leather Is existing in the-world market, a great opportunity is existing in the international trade of crocodile skin for the business people of Bangladesh, who want to take the challenge of exporting these home grown products to foreign market. If this industry is given priority and if this industry becomes popular among the entrepreneurs of Bangladesh, within a very short lime, this industry will become one of the largest exporting and foreign currency earning sector of Bangladesh. Whether Bangladesh can take this opportunity to become successful in the export business of crocodile skin is a matter of further inquiry. The paper further seeks lo highlight the international experience of crocodile farming and trading and suggest strategies Bangladesh may undertake in this respect.