The importance of the light engineering industry has increased a lot this year as Prime Minister Sheikh Hasina has declared it as the ‘Product of the Year’
Industries Secretary KM Ali Azam yesterday underscored the need for setting up a dedicated light engineering research center for the development of light engineering industry.
“Bangladesh Industrial and Technical Assistance Center (BITAC) would set up a research center under the Ministry of Industries. It will have to recruit talented manpower as well as introduce advanced technology. In order to attract talented engineers and researchers to work in this organization, it is necessary to guarantee higher salary structure, special incentives and other financial benefits,” he said.
KM Ali Azam gave the instruction while presiding over an inter- ministerial meeting to review the progress of implementation of the recommendations identified by the Ministry of Industries in the development of light engineering.
Additional Secretary of the ministry Md Helal Uddin highlighted the progress of implementation of the recommendations made for the development of NDC light engineering industry.
Speakers at the meeting called for setting up of dedicated industrial parks to accelerate the ongoing development activities in the light engineering industry, providing low cost funds and financial incentives for entrepreneurs, training of skilled workers and managers through training, marketing of manufactured goods, development of subcontracting industries and legislation.
Speaking on the occasion, Ali Azam said light engineering is the most promising industrial sector in Bangladesh at the moment.
The importance of the light engineering industry has increased a lot this year as Prime Minister Sheikh Hasina has declared it as the ‘Product of the Year’, he added.
In order to achieve the goal of industrialized Bangladesh, he said planned development of this industrial sector has to be done.
To this end, he said it is necessary to build dedicated industrial parks and research institutes as well as increase advanced training facilities.