POST TIME: 21 February, 2018 00:00 00 AM
DCCI urges govt to develop waterways

DCCI urges govt to develop waterways

Bangladesh is failing to realise its full growth potential due to high transaction costs, mainly, arising from inadequate and inefficient infrastructures, Abul Kasem Khan, president of DCCI, said yesterday.

Dhaka Chamber of Commerce and Industry (DCCI) president urged the authorities concerned to extensive focus for full utilisation of ‘Inland Waterways’ eco-system through timely policy formulation, long-term infrastructure development planning and increased focus on both public and private investment.

He made the observation at a seminar titled “Inland Waterways-Reshaping Connectivity and Creating Economic Opportunities” at a hotel in the capital, the association said in a press release.

“To avoid congestion on highways and in Chittagong port, the use of river for carrying containers must be encouraged and supported. And Inland Container Terminals (ICTs) are a key building block to this process, and we must see greater importance to this sector,” he also said.

Economic Affairs Adviser to the Prime Minister Dr Mashiur Rahman attended the seminar as the chief guest while Chairman of the Parliamentary Standing Committee on Ministry of Shipping Noor-E-Alam Chowdhury was present as the special guest.

DCCI President Abul Kasem Khan delivered the welcome address in the event.

Mashiur Rahman highlighted the history of railway sector development of subcontinent and said siltation and shrinking water flow are main problems in the southern part of Country.