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5 February, 2020 03:35:16 AM
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Potential sectors deserve bonded warehouse, other facilities

Says Salman F Rahman
STAFF REPORTER, Dhaka
Potential sectors deserve bonded warehouse, other facilities
The board of directors of Dhaka Chamber of Commerce and Industry (DCCI), led by its President Shams Mahmud, calls on Private Industry and Investment Adviser to Prime Minister Salman F Rahman (center) in the capital yesterday. photo: courtesy

Private Industry and Investment Adviser to Prime Minister Salman F Rahman yesterday said all the facilities currently enjoyed by the RMG sector such as back to back LC and bonded

warehouse should also be given to other potential sectors.“All the facilities currently enjoyed by the RMG

sector should also be given to other potential sectors

such as agriculture, leather, ICT, pharmaceuticals to facilitate them to grow more,” he said.

Salman F Rahman said this when the board of directors of Dhaka Chamber of Commerce and Industry (DCCI), led by its President Shams Mahmud, called on the adviser.

He said government has taken various timely initiatives to uphold Bangladesh’s position in the ease of doing business index, DCCI said in a press statement.

“Only reforms in policy measures are not adequate. But, the business community can get real benefits due to reforms which would add value to increase Bangladesh’s position in the index,” he added.

DCCI President Shams Mahmud said Bangladesh is now in 168th position in Ease of Doing Business Index.

He also thanked the adviser for his concerted efforts to increase Bangladesh’s position in this index further.

The DCCI President also urged for reformation of the Companies Act incorporating liquidation, merger and acquisition, alternative dispute resolution, technology like e-voting, video conferencing.

Shams emphasised to replicate RMG success model to other sectors like leather and leather products, ship building, jute and Jute products, agro- processing and light engineering.

To facilitate export, he urged the government for strengthening economic diplomacy with the Southeast Asian and African countries.

Mentioning that Bangladesh would need US$320 billion alone for infrastructure r by 2030, he suggested for including green field projects in the stock market.

Under the initiative of DCCI, Shams said a Research and Innovation Platform (RnI Bangladesh) is going to be established and also sought support from the government in this regard.

DCCI Senior Vice-President NKA Mobin, Vice-President Mohammad Bashiruddin and members of the Board of Directors were also present during the meeting.

EA

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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