Committed to PEOPLE'S RIGHT TO KNOW
Vol. 4 Num 336 Mon. May 10, 2004  
   
Business


BCI urges govt to remove blocks to industrialisation


A delegation of Bangladesh Chamber of Industries (BCI) meeting with the Commerce Minister Altaf Hossain Choudhury yesterday urged for removing the impediments to industrialisation.

Led by BCI President AK Azad the delegation raised the problems of confrontational politics, deteriorating law and order, pervasive corruption, lack of transparency and accountability of the administration and infrastructure.

Pinpointing the obstacles Azad told the minister that they were suffering from insecurity of life. Production and marketing are affected. Cost of production is rising losing competitiveness and foreign markets and ultimately investment is shying.

He stressed the importance of keeping the price of gas, electricity, fuel oil, telephone charge and other utility services at reasonable level for the sake of growth of industries.

Azad suggested holding meeting regularly of the consultative committee for better interactions towards removal of the bottlenecks.

The minister told the delegation that the prime minister was endeavouring at national and international level to bring about political stability. He assured of removing the constraints faced by the business community at Chittagong and Mongla ports.

Altaf further assured of holding quarterly meeting of the consultative committee of his ministry.

The delegation included AM Badruzzaman Khan Khasru, Shamim Ahmed, Abdul Tahid Majumder, Delwar Hossain Raja, Kamaluddin Bhuiyan and Shah Alam Chowdhury, said a BCI press release.