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UNIDO to continue cooperation for inclusive industrialization: Li Yong

DHAKA, Sept 6, 2017 (BSS)-Director General (DG) of UNIDO Li Yong said Bangladesh needs to make more investment in infrastructure, energy security and innovation sectors for inclusive and sustainable industrialization and assured that UNIDO would continue to extend cooperation in this regard.

"Bangladesh should increase investment in infrastructure, energy
security and innovation sector for inclusive and sustainable
industrialization and UNIDO will extend all cooperation in this regard," said the DG of the United Nations Industrial Development Organization (UNIDO) Li Yong while speaking at a seminar here today.

He said Bangladesh with a population of 160 million has made a very remarkable success in alleviating poverty. UNIDO extended cooperation to different sectors including RMG and leather for improvement of products so that these products get access to global market.

These sectors are now producing standard products and getting access to global market, he said and assured that UNIDO would continue to extend cooperation in this regard.

Speaking at the seminar Industries minister Amir Hossain Amu said
inclusive and sustainable industrialization is the driving force for
achieving socioeconomic progress.

Considering this reality in consultation with the government, in consultation with the government ministries, private sector, donors and development partners, UNIDO is in the process of finalizing its Country Partnership Program (PCP) 2018-2022 in line with the government's development plans and UN's Sustainable Development Goals, he said.

Amu said the government of Bangladesh is committed to creating a good enabling environment for industries to enhance trade performances and to make them very competitive in global markets.

Industrial Policy 2016 of Bangladesh has a very intimate relation with SDG-9, he said, adding that the aim of National Industrial Policy (NIP)-2016 is to transform the country into an industrially developed and middle-income level one by 2021 through implementing short, medium and long-term industrialization plans across the country.

"The industrial policy has been designed in the context of global
economic meltdown, socio-economic realities and past experience reflecting the Vision-2021 and vision 2041 of the present government of Bangladesh. As a result, Bangladesh is moving ahead towards the Development Super Highway under the dynamic and visionary leadership of Prime Minister Sheikh Hasina," he added.

He said the government has already taken up 7th Fifth Year Plan with the target of increasing employment by 20 percent in the manufacturing sector and its contribution to GDP to 21 percent by the year 2020.

Amu said Bangladesh has achieved remarkable progress in the areas of the MDGs, despite many hurdles. It is ahead of other Asian countries considering many socioeconomic indicators and the international organizations have also rightly recognized the achievements.

He added that international organizations awarded Prime Minister Sheikh Hasina for fulfilling the targets of different goals of the MDGs, for example: UNESCO awarded "Peace Tree award" for commitment to women's empowerment and girl's education; UN Environment Prize "Champions of the Earth" for leadership on climate change; World Health Organization's (WHO) award for excellence in Public Health.

He said Bangladesh also won the 'ICT Sustainable Development Award' from the International Telecommunication Union (ITU), Global Partnership Forum awarded Prime Minister Sheikh Hasina "Agent of Change Award" for
extraordinary contribution to women empowerment.

Moreover, UN-Women recognized Prime Minister Sheikh Hasina as "Planet 50-50 Champion" for her outstanding contribution in empowering women, he added.

Chief coordinator of SDGs Md Abul Kalam Azad also spoke at the seminar.

Industries ministry organized the seminar on "How inclusive and
sustainable industrial development (ISID) leads to achieving SDG-9 in the developing countries like Bangladesh" with additional secretary of the industries ministry Sushen Chanrda Das in the chair.