Industries minister asserts Bangladesh improving business environment

He emphasised that his ministry would collaborate closely with the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to bolster the nation's economy and uphold a conducive environment for businesses.

Humayun conveyed these sentiments during a meeting with FBCCI president Mahbubul Alam at the Industries Ministry headquarters in capital Dhaka.

The dialogue underscored the mutual commitment of the government and the private sector to drive economic growth through strategic cooperation.

The FBCCI president, in his address, urged the Industries Ministry to prioritise initiatives aimed at modernising equipment and augmenting testing capabilities at the laboratory of the Bangladesh Standards and Testing Institution (BSTI) situated in Chittagong port.

Additionally, he called for the modernisation of existing industrial policies and the enhancement of operational efficiency within Bangladesh Small and Cottage Industries Corporation (BSCIC) industrial cities.

The meeting was attended by several dignitaries, including FBCCI senior vice president Md Amin Helaly, highlighting the significance of collaborative efforts between governmental and private entities in advancing the nation's economic agenda.

The exchange of views between the industries minister and FBCCI leadership underscores a shared commitment to fostering an environment conducive to business growth and innovation.

It may be mentioned here that by aligning policies and initiatives with the needs and aspirations of the business community, the government aims to stimulate investment, promote entrepreneurship, and drive sustainable economic development across Bangladesh.

Fibre2Fashion News Desk (DR)