The Planning Minister AHM Mustafa Kamal, MP said BISCIC industrial area will be established beside every Export Processing Zones and Economic Zones for the development of SMEs. He made this comment while the Board of Directors of Dhaka Chamber of Commerce & Industry (DCCI) led by its President Abul Kasem Khan called him at the Planning Ministry on 19 February, 2017. Secretary, Planning Division Md. Ziaul Islam was also present at that time.
DCCI President Abul Kasem Khan said we are experiencing sluggish trend in private investment as well as FDI. He said we need to come out of this stagnant situation. “The Private investment needs to be scalled-up to 29 per cent from current level of 22 per cent” he said. In order to improve the ranking of Bangladesh with a view to attract private investment and facilitate industrialization, we need to improve our infrastructure, industrial energy situation, efficiency in the institutional framework and skill human resources. He said we will require US$320 billion by the year 2030 for developing reliable, sustainable and affordable infrastructure. He also said the target to generate US$40 billion exports with 10 million jobs by 2030 can be achieved from SEZs if the government can provide necessary connectivity and support. He stressed for a strategic road map for the development of Dhaka Chittagong Economic Corridor including an integrated transport master plan must be made. He said 75 per cent business is small and medium enterprise (SME) in Bangladesh. To achieve 8 per cent GDP growth by the year 2021 and gear up the journey towards middle income country, capacity of SME businesses needs to be developed.
Planning Minister AHM Mustafa Kamal, MP invited businessmen to invest in SEZ and EZ areas to get uninterrupted gas and power supply with other export import facilities. He also said that power shortage will be solved within two or three years and government will ensure electricity for both households and industries. He said government encourages both local and foreign investment in power and energy sector. The Planning Minister said this year 7.25 to 7.5 per cent GDP could be achieved which is more that the projected 7.2 per cent. He also informed that ADP of Tk. 40,000 crore have already been implemented.
DCCI Senior Vice President Kamrul Islam, FCA, Vice President Hossain A Sikder, Directors Engr. Akber Hakim, Humayun Rashid, Imran Ahmed, K. Atique-e-Rabbani, FCA, KMN Manjurul Hoque, Md. Alauddin Malik, Riyadh Hossain and Secretary General AHM Rezaul Kabir were also present during the meeting.