Economy

MoU signed to improve standards of cold storages

The Bangladesh Cold Storage Association (BCSA) has taken an initiative to develop a cold chain management system of global standard in the country.

To this end, the association has signed a memorandum of understanding with Land O'Lakes Venture37, the implementing agency of the Bangladesh Trade Facilitation Project funded by the United States Department of Agriculture, according to a press release.

Mostofa Azad Chowdhury Babu, president of the BCSA, and Michael Parr, the project director, signed the deal.

Under the MoU, work will be done to increase the technical skills of the manpower engaged in the country's cold storage industry, ensure the maximum use of technology, and improve the capacity of the existing cold storage facilities.

In addition, both parties will work to follow up-to-date commercial strategies for cold storage management and build a sustainable and profitable cold storage industry.

Babu said that through the initiative, cold storage facilities scattered across the country will be made world-class.

"This will bring about a paradigm shift in the storage and supply chain management of agricultural products."

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