Introduction
The Horticulture Export Development Foundation, in short, “Hortex Foundation” is registered as a Company Limited by Guarantee and Licensed under Section 26 of the Companies Act, 1913 having Registration No. C-323(11)/93. The Foundation was established in 1993 as a “not for profit” organization under patronization of the Ministry of Agriculture, Government of the People’s Republic of Bangladesh for the development, promotion, and marketing of exportable agricultural/horticultural produce, particularly high value non-traditional crops to high price mainstream markets for improving farmers’ income and national economy. The main focus of the Foundation is to organize, set up and develop supply and value chain management of high-value high quality agro-commodities for domestic and export markets.
Management
The Secretary, Ministry of Agriculture, Government of the People’s Republic of Bangladesh is the ex-officio Chairman of Hortex Foundation. Being Chairman of the Foundation, He is also the Chairman of its Governing and General Body. The Governing Body comprises seven Directors (Members) and the General Body consists of minimum 35 Members. The Vice Chairman, Export Promotion Bureau (EPB), Ministry of Commerce, Government of the People’s Republic of Bangladesh is the ex-officio Members of both the Governing Body and the General Body of the Foundation. Other Members of these two Management Bodies are representatives mostly come from the private sector organizations. The activities of the Foundation are managed and controlled by its Governing Body and the General Body in line with the guidelines laid down in the revised Memorandum and the Articles of Associations of the Foundation.
The Managing Director, working as the Chief Executive Officer (CEO) of the Foundation, operates and runs the affairs of the Foundation on a regular basis as per directives of the Governing Body as well as the General Body following Administrative and Financial Management Operation Manual and by-laws laid down in the revised Memorandum and the Articles of Associations of Hortex Foundation.
Goal
Development and promotion of agribusiness with high value agro-products for export through technological and advisory support in order to boost the national economy and farmers’ income.
Vision
Development of high value high quality agro-commodities through commercial agriculture system in Bangladesh both for domestic and export markets.
Major activities
Major activities of the Foundation are to:
Business linkages
Hortex Foundation does not work in isolation rather it works in close cooperation with the Ministry of Agriculture, Government of Bangladesh and its affiliated agencies like Department of Agricultural Extension (DAE), Bangladesh Agricultural Research Council (BARC), Bangladesh Agricultural Research Institute (BARI) and Ministry of Commerce, Export Promotion Bureau (EPB), different Agricultural Universities and Research Institutes, Business Associations, different Farmers’ Associations, Trade Bodies, Private Sectors, International Organizations (UNESCAP, UNECE) and Development Partners (the World Bank, IFAD, EU, FAO, USAID).
Hortex business model
Hortex Foundation (HF) developed a comprehensive business model linking the public and private sector organizations such as, Department of Agricultural Extension (DAE), Department of Livestock Services (DLS) and Department of Fisheries (DoF), entrepreneurs, traders, processors, exporters and farmers’ organization - Common Interest Groups (CIGs) - and Producers’ Organizations (POs) for extension and research support for production, financial services and linkages with the marketing organizations where strong linkage has been suggested between Commodity Collection and Marketing Centre (CCMC) and Producer Organization. In this model, line agencies such as DAE, DLS and DoF will take the leading role in facilitating production and making the availability of commodities to the Commodity Collection and Marketing Centre (CCMC), while Hortex Foundation will facilitate marketing of different agro-commodities in domestic and export markets.