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DHAKA, Jan 15, 2024 (BSS) - Industries Minister Nurul Majid Mahmud Humayun

today laid emphasis on formulating proper planning to best utilize the
country's internal resources.

"In the context of existing global and regional geo-economic volatility, we
have to concentrate on formulating a proper planning to best utilize our
internal resources," he said.

The minister said this while speaking at a meeting with the Board of
Directors of Dhaka Chamber of Commerce and Industry (DCCI) led by its
President Ashraf Ahmed at Industries Ministry in the city, said a press
release.

Humayun said that there are a lot of unused plots in the BSCIC industrial
areas across the country.

He invited the businessmen, especially the SME entrepreneurs to invest in
those plots.

Recognizing SMEs as the lifeline of Bangladesh's economy, he said the
government will continue conducting necessary trainings, skill development
activities, market expansion and utilization of technology.

He also said that inflation control and stabilizing the local market -- in
the upcoming Ramadan season -- is the most priority now and the government is
vigorously working for it.

For this he requested the business community to help the government by all
means, he added.

During the meeting, DCCI President Ashraf Ahmed expressed DCCI's willingness
to fully support initiatives taken by the Ministry of Industries.

He also expressed his keen interest to work on Intellectual Property Rights
(IPR) issues, productivity enhancement initiatives i.e. national productivity
related issues with modern technology adaptation to be more competitive both
in the local and international market.

Besides, he stressed for support of various new industries, including fiscal
measures like export incentives, customs bonds.

He later urged for expansion of BSCIC industrial area to expand
industrialization in the country.

DCCI Senior Vice President Malik Talha Ismail Bari, Vice President Md. Junaed
Ibna Ali, members of the board of DCCI, DG of DPDT Md. Munim Hassan, DG of
NPO Md. Mesbahul Alam, Additional Secretary of Ministry of Industries Md.
Anwarul Alam were also present during the meeting.