The Alliance for Bangladesh Workers Safety, a platform of North American brands, has achieved significant progress in improving safety in the garment factories.
The findings from an independent assessment of the Alliance indicating the progress in the RMG sector were announced on Wednesday.
"From the very beginning, Alliance member companies committed nearly $50 million to a worker safety fund and made an additional $100 million available in affordable access to capital to help factories implement safety upgrades," Alliance Chair Ellen Tauscher said.
He informed that Alliance has approved another fund in recent weeks that will help leverage and guarantee up to an additional $20 million in support for factory owners through low-cost financing.
"Alliance has provided an updated safety training to more than 1.1 million factory managers, workers, and security personnel of 587 factories," he said.
Quoting sample surveys, the Alliance chair said the training has already had a significant impact on their knowledge of fire safety.
Tauscher also informed that they have signed an MOU with the National Fire Protection Agency.
"Our collaboration will ensure that best practices in fire and electrical safety that are used around the world are also adopted in Bangladesh," he added.