Govt working to introduce industrial policy soon

The government has taken initiatives to formulate an industrial policy immediately with an aim to create more employment and enhance the economic growth of the country, said the industries minister yesterday.

“We are trying hard to turn Bangladesh into a middle-income country by 2021 and for that we have to go for massive industrialisation soon,” said Dilip Barua.

“The new industrial policy has an aim to encourage establishing more industries and create more employment opportunities,” he added.

He was speaking at the annual general meeting (AGM) of SME Foundation in Dhaka.

Barua said the government is giving priority to the country's small and medium enterprises (SMEs) through budgetary allocation and policy support to generate employment that would help eliminate poverty.

Dr Momtaz Uddin Ahmed, managing director of SME Foundation, and Dewan Zakir Hossain, secretary to industries ministry, were also present at the AGM.