About Us
JAYQO Circular Textile Cluster: A Transformative Investment Opportunity in Sustainable Fashion
Our Vision: Turning Waste into Wealth
Bangladesh, a global leader in the Ready-Made Garment (RMG) sector, generates hundreds of thousands of tons of high-quality textile waste annually. This material is an untapped resource.
Our vision is to create a collaborative recycling cluster, integrating all MSMEs, to capture this value domestically, positioning Bangladesh at the forefront of the global sustainable fashion movement.
The Opportunity: Scale & Value
The metrics below highlight the immense potential that a formalized, technology-driven circular textile economy holds for Bangladesh.
Total Annual Waste Generated
Abundant and consistent supply of raw material.
Current Local Recycling Rate
Massive potential for market capture and growth.
Current Export of Waste
Opportunity to localize the supply chain.
Potential Annual Savings (Imports)
Significant economic return and national resilience.
Potential New Export Revenue
Major growth driver for the national economy.
The Challenge: Key Barriers & Bottlenecks
To unlock the full potential of textile recycling, we must first address the systemic challenges that have hindered progress.
Opaque Supply Chain
Informal collection systems lead to inconsistent data and unreliable feedstock for industrial-scale operations.
Technological Gap
MSMEs lack access to cutting-edge sorting and recycling technology needed for quality yarn production.
Funding Shortages
Difficulty for small businesses to access long-term financing for essential infrastructure investment.
Policy Ambiguity
Lack of clear national strategy and incentives for localized circularity.
Strategic Solutions: A Cluster-Based Approach
Our strategy focuses on tackling these barriers through a collaborative, MSME-integrated cluster model.
Formalize the Supply Chain
Integrate informal waste pickers and small businesses into a transparent, regulated system with government oversight.
Impact:
Ensures a consistent, quality-controlled supply of feedstock, capturing the entire 400k+ tonnes of domestic waste.
Invest in Shared Technology
Establish a central cluster facility where MSMEs can access advanced AI-driven sorting and processing machinery on a shared-access model.
Impact:
Enables production of high-grade recycled yarn and fabric, ready for the export market and generating $4B to $6B in new revenue.
Develop Targeted Financial Incentives
Advocate for government-backed loan guarantees, green investment incentives, and subsidies to bridge the existing $2.8 billion SME financing gap.
Impact:
Accelerates infrastructure development, reduces investor risk, and saves the nation ~$500 million annually in import costs.
Establish National Circularity Policy
Develop a comprehensive national strategy with dedicated incentives, such as VAT exemptions for certified recycled products and mandatory use targets.
Impact:
Creates a favorable business environment, ensures a reliable market for recycled goods, and aligns with global sustainability demands.
Economic & Environmental Returns
An investment in the circular textile cluster yields powerful returns for the economy, the environment, and our global market position.
Reduces foreign dependency and retains value domestically.
Reduces import reliance by ~15%; saves ~$500M in annual import costs.
Turns a major environmental burden into a sustainable practice.
Saves up to 10,000 liters of water per kg of fabric; avoids landfill pollution.
Positions Bangladesh as a leader in sustainable global fashion.
Accesses the growing global market for sustainable apparel, which is growing significantly faster than traditional fashion.
A Sustainable Future is a Prosperous Future
Joining in this circular textile cluster is an investment in Bangladesh's future economy, environment, and global market position. By formalizing the system and integrating MSMEs, we unlock massive economic potential while demonstrating global leadership in sustainability.