Crocodile farming fetching foreign currency | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
June 15, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, JUNE 15, 2025
Crocodile farming fetching foreign currency

Industry

Hossain Shahid
18 November, 2020, 12:20 pm
Last modified: 18 November, 2020, 01:34 pm

Related News

  • BB eases foreign currency payment for studying language courses abroad
  • Manikganj produces 125,864.5 tonnes of onion this season
  • Potato farmers in Rajshahi lament as prices plummet amid lack of storage
  • Waste to wealth: Growing potential of Black Soldier Fly farming in Bangladesh
  • Re-WET Dhaka: A project to rejuvenate the city's lakes

Crocodile farming fetching foreign currency

The climate of Bangladesh is conducive to crocodile rearing

Hossain Shahid
18 November, 2020, 12:20 pm
Last modified: 18 November, 2020, 01:34 pm
Crocodiles wander at the Reptiles Farm Ltd in Mymensingh. The farm now owns 3,000 crocodiles, starting off with only 75 of them six years ago. The farm exports around 400 crocodile hides every year. The photo was taken recently. Photo: TBS
Crocodiles wander at the Reptiles Farm Ltd in Mymensingh. The farm now owns 3,000 crocodiles, starting off with only 75 of them six years ago. The farm exports around 400 crocodile hides every year. The photo was taken recently. Photo: TBS

Highlights
●    A crocodile lays 50-60 eggs in the rainy season
●    About 400 crocodile hides are exported every year
●    It takes Tk20,000 to raise a crocodile for export in 1.5-2 years
●    1 square centimetre of hide is sold for $15
●    Belts, vanity bags, shoes, and other expensive items are made of crocodile hide
●    Perfumes are made from crocodile bones
●    Jewellery, various fancy items are made from crocodile teeth
●    Crocodile meat is also sold abroad at $40-50 per kilogramme
●    Crocodiles live between 80-100 years and lays eggs


Hatiber village of Uthura union in Shalban, 20 kilometres from Bhaluka upazila headquarters in Mymensingh, is now known as "Crocodile Village." Reptiles Farm Limited has built a large crocodile farm there and exported 1,507 crocodile hides to Japan, each costing $500, totalling Tk6 crore.

Reptiles Farm Ltd established the farm in 2004 on 15 acres of land with 75 crocodiles brought in from Malaysia. It has about 3,000 big and small crocodiles now. About 100 baby crocodiles are artificially produced every year from eggs during the breeding season.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

In the rainy season, a crocodile lays 50-60 eggs. After hatching from these eggs, small crocodiles are transferred to hatcheries with great care, step-by-step. Exportable crocodiles are picked up from hatcheries and kept in separate sheds. After being kept there for six to eight months, the skin is separated from the crocodile and exported. At present, about 400 crocodile hides are exported every year.

Abu Saim Mohammad Arif, the manager of Reptiles Farm Ltd, who has been working on the farm since the beginning of the project, said there were many problems with crocodile breeding and survival in the beginning.

"At first, we could not find people to work on the farm. No worker would come because they were afraid. Later, workers were hired but they were ordinary people of the village, with no skills in rearing crocodiles. They have been trained by Australian trainers and now we have 25 employees," he added.

Photo: TBS
Photo: TBS

It takes about Tk20,000 to raise a crocodile for export in one-and-a-half to two years. Japan's Horiuchi Trading Company regularly buys hides from the farm. Bags, belts, shoes, etc., are made from these hides, he continued.

Abdur Rahim, who works as a labourer here and feeds the crocodiles, said at first he was scared but now the fear is gone. Broiler chicken and beef are provided as food for the crocodiles. He also collects eggs.

"I am still afraid to collect eggs as the mother crocodile always guards the eggs and at this time she is very excited. However, I have become habituated to this now," he said.

Deen Mohammad Dinu, an agronomist and deputy director of the public relations department at Bangladesh Agricultural University (BAU), has worked on crocodile farming and its export potential.

He said crocodile farming has potential and can be a very profitable sector as there is demand for it abroad. Many of the graduates from BAU have already set up crocodile farms in the country and are earning foreign currency.

"Crocodile skins, bones and teeth are exported at very high prices on the international market. One square centimetre of their hide sells for about $15. Leather belts, women's vanity bags, shoes, and many other expensive items are made. In addition, perfumes are made from crocodile bones, jewellery and various fancy items from teeth. Crocodile meat is also sold abroad at $40-50 per kilogramme; in a word, nothing of a crocodile is thrown away," he added.

Photo: TBS

Dr SMA Rashid, the crocodile farm project adviser at Reptiles Farm, said, "At first, patronage is needed. When we started, the government had little idea about this and there was no policy. Now, the policy has been made but this business is time-consuming. It is not that one starts a business and becomes a millionaire soon. One has to spend time there." 

"A crocodile lives between 80 to 100 years and lays eggs. So, several generations can maintain the business. You have to keep in mind it is an expensive project and needs trained manpower. The government must also come forward to make this potential sector flourish," he added.

Monirul Khan, a professor in the Department of Zoology at Jahangirnagar University, said, "This is a very lucrative business and fully export-oriented. The supply is less than the demand for crocodile hide and meat on the international market. The climate of our country is conducive to crocodile rearing. They have fewer diseases, too. They can be reared for a long time with little food." 

Photo: TBS
Photo: TBS

Since the wages of the workers in the country are low, the weather is favourable and it has demand on the international market, the sector can bring in foreign currency if the government pays attention, he added.

Many people will come forward if they are given low-interest loans. Also, new business areas will be created and employment will also increase, he added.

Apart from commercial crocodile farming, Reptiles Farm Limited has also created a shaded natural environment with 5,000 fruit and forest trees in the farm area.

Economy / Top News

Crocodile / farming / foreign currencies

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infographic: TBS
    Chattogram Port proposes 70%-100% tariff hike
  • Benjamin Netanyahu in a video-message on 14 June. Photo: Collected
    Israel says attacks on Iran are nothing compared with what is coming
  • Police stand at a crime scene as they searched for a suspect posing as a police officer who shot two Democratic state lawmakers and their spouses in their homes, in the Minneapolis suburb of Champlin, Minnesota, U.S. June 14, 2025 in a still image from video. ABC Affiliate KTSP via REUTERS
    Manhunt underway after Minnesota lawmaker, her husband killed in 'politically motivated' attack

MOST VIEWED

  • Energy adviser Fouzul Kabir Khan with other government officials during a visit to Sylhet gas field on 13 June 2025. Photo: TBS
    I would disconnect gas supply to every home in Dhaka if I could: Energy adviser
  • Infographic: TBS
    Govt plans incentives for Bangladeshis bringing in foreign investment
  • Tour operator Borsha Islam. Photo: Collected
    ‘Tour Expert’ admin Borsha Islam arrested over Bandarban tourist deaths
  • BNP Acting Chairperson Tarique Rahman and Chief Adviser  Muhammad Yunus meet at Dorchester Hotel in London, UK on 13 June 2025. Photo: CA Press Wing
    National polls possible in 2nd week of February, agree Yunus, Tarique in 'historic' London meeting
  • Infographics: TBS
    220MW solar power plant planned in Feni
  • Rescuers work at the scene of a damaged building in the aftermath of Israeli strikes, in Tehran, Iran, June 13, 2025. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
    Tehran retaliates with 100 drones after Israel strikes Iran's nuclear facilities, kills military leaders

Related News

  • BB eases foreign currency payment for studying language courses abroad
  • Manikganj produces 125,864.5 tonnes of onion this season
  • Potato farmers in Rajshahi lament as prices plummet amid lack of storage
  • Waste to wealth: Growing potential of Black Soldier Fly farming in Bangladesh
  • Re-WET Dhaka: A project to rejuvenate the city's lakes

Features

Photos: Collected

Kurtis that make a great office wear

1d | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

3d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

4d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

5d | Features

More Videos from TBS

Which major powers align with whom in the Israel-Iran conflict?

Which major powers align with whom in the Israel-Iran conflict?

7h | Podcast
Israeli attack: Will Iran be inclined to develop nuclear weapons?

Israeli attack: Will Iran be inclined to develop nuclear weapons?

7h | Others
Why Did Israel Use Hellfire Missiles in the Iran Attack?

Why Did Israel Use Hellfire Missiles in the Iran Attack?

8h | Others
Beach Sand Tragedy: Negligence or Natural Disaster?

Beach Sand Tragedy: Negligence or Natural Disaster?

9h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net