Asian infrastructure development stressed
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) at an international conference sought regional cooperation, technical assistance and financial support for developing infrastructure facilities in Asian regions.
Abul Kashem Ahmed, first vice president of FBCCI, presented a keynote paper on "Role of private sector to promote diversification of production and growth: The case of Bangladesh" at the conference in New Delhi recently.
The conference on "Quality of Growth: Approaches to Inclusive Growth in Asian Societies" organised by GTZ German Technical Cooperation, was attended by about 300 delegates from the Asian region.
Scholars and economists from UK, USA, World Bank, Asian Development Bank and GTZ also took part in the conference assisted by Planning Commission of India and the Economic Cooperation and Development of Germany.
Ahmed presentation focused on private sector's contribution in diversification of agricultural products, and private sector's role in diversifying manufacturing products.
He apprised the conference of a congenial investment environment in Bangladesh.
Market survey and research and development will be the key components for diversification of products to meet the local demand and compete in the global market, he said.
Free trade agreement can be a useful instrument for export diversification, he told the conference.
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