Bangladesh-German Chamber of Commerce & Industry (BGCCI) organized a seminar on industrialization in Bangladesh:The Next Level and Iftar Mahfil at a city hotel


rafiq প্রকাশের সময় : মে ২৩, ২০১৯, ২১:২৭ / ২৭৯
Bangladesh-German Chamber of Commerce & Industry (BGCCI) organized a seminar on industrialization in Bangladesh:The Next Level and Iftar Mahfil at a city hotel

Industries Minister Nurul Mazid Mahmud Humayun said that the next Industrial Policy to be framed in 2021 would be business-friendly, modern and time befitting while addressing a Programme on ‘Industrialization in Bangladesh: The Next  Level.National Board of Revenue (NBR) Chairman Md Mosharraf Hussain Bhuiyan  as special guest said that the current Industrial Policy is based on the Industrial Policy of 1972 and the government has taken initiative to make it time befitting and modern.The NBR Chairman said that the Board would extend all kinds of support to the Chamber to facilitate its operations and thus boosting the export and bilateral trade with  this European Country.Chaired by BGCCI President Barrister Omar Sadat, Bangladesh Investment Development Authority (BIDA) Executive Chairman Kazi M Aminul Islam, BGCCI Senior Vice President Golam Morshed, Vice President M Moin Uddin Mazumder were present while Incepta Pharmaceuticals Managing Director Abdul Muktadir spoke, among others, on the occasion.BGCCI President Barrister Omar Sadat urged the Industries Minister to engage in conversation with all the chambers and business bodies to deliver a meaningful Industrial Policy.Mentioning that countries like Japan, South Korea, Thailand, Singapore and Malaysia had been the growth miracle of East Asia over the years, Sadat said Bangladesh is also going on the right trajectory.The BGCCI President said that Germany has now become the largest bilateral development partner of Bangladesh surpassing USA as the annual bilateral trade volume now rose to $6.9 billion.Sadat also suggested for framing the Industrial Policy prioritizing on sectors like RMG, leather and leather products, ICT, and Agro- processed foods.Incepta Pharmaceuticals Managing Director Abdul Muktadir said Bangladesh is now totally in the crossroad of development.Highlighting the bright prospects of the country’s pharmaceuticals sector, Muktadir said within the next few years Bangladesh would be exporting medicines worth billions of dollars abroad including solely half a billion dollar per year to Germany.He informed that the local pharmaceutical industries are now producing hi-tech and value added products.“Bangladesh is actually graduating itself to a developing country from an LDC and thus moving towards to become a developed country.”he added.Ends “The government will frame the next Industrial Policy after consulting with all the stakeholders prioritizing all the potential sectors,” he said.The Minister was addressing a Programme on ‘Industrialization in Bangladesh: The Next Level’ and Iftar Mahfil held at a city hotel.bangladesh-German Chamber of Commerce & Industry (BGCCI) organized the Programme where the National Board of Revenue (NBR) Chairman Md Mosharraf Hussain Bhuiyan spoke as special guest.He said that the current Industrial Policy is based on the Industrial Policy of 1972 and the government has taken initiative to make it time befitting and modern.The NBR Chairman said that the Board would extend all kinds of support to the Chamber to facilitate its operations and thus boosting the export and bilateral trade with  this European Country.Chaired by BGCCI President Barrister Omar Sadat, Bangladesh Investment Development Authority (BIDA) Executive Chairman Kazi M Aminul Islam, BGCCI Senior Vice President Golam Morshed, Vice President M Moin Uddin Mazumder were present while Incepta Pharmaceuticals Managing Director Abdul Muktadir spoke, among others, on the occasion.BGCCI President Barrister Omar Sadat urged the Industries Minister to engage in conversation with all the chambers and business bodies to deliver a meaningful Industrial Policy.Mentioning that countries like Japan, South Korea, Thailand, Singapore and Malaysia had been the growth miracle of East Asia over the years, Sadat said Bangladesh is also going on the right trajectory.The BGCCI President said that Germany has now become the largest bilateral development partner of Bangladesh surpassing USA as the annual bilateral trade volume now rose to $6.9 billion.Sadat also suggested for framing the Industrial Policy prioritizing on sectors like RMG, leather and leather products, ICT, and Agro- processed foods.Incepta Pharmaceuticals Managing Director Abdul Muktadir said Bangladesh is now totally in the crossroad of development.Highlighting the bright prospects of the country’s pharmaceuticals sector, Muktadir said within the next few years Bangladesh would be exporting medicines worth billions of dollars abroad including solely half a billion dollar per year to Germany.He informed that the local pharmaceutical industries are now producing hi-tech and value added products.“Bangladesh is actually graduating itself to a developing country from an LDC and thus moving towards to become a developed country.”he added.

 

 

 

 

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