United News of Bangladesh

The government has decided to reopen sick and closed industrial units in the country involving private entrepreneurs in a move aimed at creating employment. “The Prime Minister has directed the ministries concerned to take steps to reopen the sick and closed industrial units,” Prime Minister’s Additional Press Secretary Atikur Rahman Rumon said on Tuesday. He said the initiative will be implemented in collaboration with private entrepreneurs so that new employment opportunities can be created. Abducted schoolboy freed within an hour after PM Tarique’s intervention Reopening sick and closed industrial units to generate jobs was one of Prime Minister Tarique Rahman’s election pledges. According to the directive, sick and closed jute mills and sugar mills will be reopened, keeping former workers in their jobs while also creating new employment opportunities. Executive Chairman of the Bangladesh Investment Development Authority (BIDA) Ashik Chowdhury said the Prime Minister has given a clear instruction to create new jobs and take initiatives to reopen the closed and sick industrial units. He said a committee, led by the Ministry of Industries, has already started work in this regard.

Prime Minister Sheikh Hasina on Tuesday asked the private entrepreneurs to identify new market demands and trends across the world to diversify the country’s export items. “We’ve to find out through market research what new items we can produce to give a big boost to our exports…we need to focus on that,” she said. The Prime Minister said this while inaugurating Bangladesh Trade and Investment Summit 2021 at Bangabandhu International Conference Center (BICC). She joined the programme from her official residence Ganobhaban. Read: South Asian nations should work together: Hasina The Commerce Ministry and the Dhaka Chamber of Commerce and Industry (DCCI) jointly arranged the weeklong summit to mark the Mujib Year and the Golden Jubilee of the country’s Independence, aiming to connect traders and investors from around the world. Hasina said the exporters have to identify which country looks for what types of products, and the producers and manufacturers should think about producing those items. “I request business organisations, especially the private sector, to give due attention to this issue because, I think, we need to increase the number of items in our export basket,” she said. Hasina also mentioned that different countries have different demands. “Bangladesh is such a country where we can do (produce) anything, if we want…I’ve that confidence,” she said. Talking about Bangladesh’s geographical position, the Prime Minister said domestic and foreign investors can export their items to South Asian and South East Asian countries from here. “They’ll get opportunities to grab the markets in these countries and export items,” she said. Hasina mentioned that Bangladesh will become a bridge between the east and the west in the future. “This will help us flourish our trade and business further,” she said. Read: Vested quarters out there to tarnish Bangladesh’s image: Hasina