UNIDO DG keen to support industrial development in Bangladesh

Visiting Director General of Industrial Development Organization (UNIDO) Li Yong on Thursday expressed his organization’s interest to provide support to Bangladesh in its inclusive and sustainable industrial development.


The UNIDO DG expressed the interest when he called on Prime Minister Sheikh Hasina at her office.


PM’s Press Secretary Ihsanul Karim briefed reporters after the meeting, reports UNB.
Appreciating Bangladesh’s socio economic development, Li Yong said with such a large population it’s really a big challenge for a country to move forward.
Bangladesh is blessed with highest ratio of youngest population in this region which is a great potential for the country, he said.
The UNIDO DG said Bangladesh must took the dividend of the demographic benefit, adding that youths must be given training, agro-based industry should be promoted and standard of products should be upgraded. “UNIDO is ready to provide all support to Bangladesh in this regard,” he said.
Prime Minister Sheikh Hasina said her government has attached importance on rapid industrialisation aimed at creating employment opportunities for its huge population.
She said the main goal of her government is to ensure basic needs of people and create employment opportunities.

Industrialisation is very essential to create employment opportunities, she said.

Sheikh Hasina highlighted the initiatives of Father of the Nation Bangabandhu Sheikh Mujibur Rahman for promotion of the small and medium scale industries. “Bangabandhu wanted to develop the industrial sector under both private and public sector as well as cooperative system,” she said adding that her government is following Bangabandhu’s policy.

Sheikh Hasina said her government opened up private sector for investment with offering many facilities to attract foreign direct investment (FDI).

She said, the government has already undertaken a plan to construct 100 economic zones where lands are being allocated in favour of the investing companies. “Investors can build their industries in those zones as they wish,”

She said the government has undertaken a plan to build up food processing and agro-based industries in an area particularly based on locally produced raw materials. Considering the growing demand of jute goods at home and abroad, she said the government is promoting jute production and industries.

The Prime Minister said Bangladesh, with its large population, is a very potential country in terms of consumption of the products as its domestic markets are growing gradually.

Sheikh Hasina said her government has attached importance to building up efficient manpower for industrial sector. In view of this many technical and engineering institutions were established, she said.

Industries Minister Amir Hossain Amu, PM’s International Affairs Adviser Dr Gowher Rizvi, senior secretary of the PMO Suriya Begum, and Bangladesh Ambassador to Austria Abu Jafor, were present.

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