Industries Minister Nurul Majid Mahmud Humayun has invited businesses, especially SMEs, to invest in unused plots in the BSCIC - Bangladesh Small and Cottage Industries Corporation - industrial areas across the country.

The minister made the invitation during a meeting with the Board of Directors of Dhaka Chamber of Commerce & Industry (DCCI) led by its President Ashraf Ahmed at his ministry office on Monday.

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He said that in the context of existing global and regional geo-economic volatility, industries have to concentrate on formulating proper plans to best utilize our internal resources.

Recognizing SMEs as a lifeline of the economy, the industries minister - one of just said the government will continue conducting necessary training, skill development activities, market expansion and utilization of technology. He also said that inflation control and to stabilize the local market in the upcoming Ramadan season is the most important priority now and the government is vigorously working on it. For this, he requested the business community to help the government by all means.

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Dhaka Chamber President Ashraf Ahmed expressed DCCI’s willingness to work in support of all the initiatives of the Ministry of Industries to the maximum possible.  He also expressed his keen interest to work on Intellectual Property Rights (IPR) issues, and productivity enhancement initiatives i.e. national productivity-related issues with modern technology adaptation to be more competitive both in the local and international markets.

He also stressed the need to support various new industries, including through fiscal measures like export incentives, customs bonds, etc. He later urged for the expansion of BSCIC industrial area for the expansion of industrialization in the country.

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DCCI Senior Vice President Malik Talha Ismail Bari, Vice President Md. Junaed Ibna Ali, members of the board of DCCI, DG of DPDT Md. Munim Hassan, DG of NPO Md. Mesbahul Alam, Additional Secretary of Ministry of Industries Md. Anwarul Alam were also present during the meeting.