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File picture of Bangladesh’s Prime Minister Sheikh Hasina.[/caption]
Prime Minister of Bangladesh Sheikh Hasina today (January 1, 2020) has declared this sector as 'Light Engineering' product of the year with special focus on acquiring more foreign currency through export of various products.
"I think we’ll be able to earn more foreign currencies by exporting various types of products under the Light Engineering section," she said.
At the inauguration of the 25th Dhaka International Trade Fair (DITF) 2020 at its own venue in the capital city of Sher-e-Bangla Nagar the Prime Minister said this from Bangabandhu International Conference Center (BICC).
She said Bangladesh can produce more motor cycle, bicycle, auto parts, automobile, electric and electronic items, accumulator battery, solar photo-vaulting module and toys under the Light Engineering section.
"We have scope to invite more investment and we have a huge market for the light engineering products," she said.
Commerce Minister Tipu Munshi presided over the program where chairman of the Parliamentary Standing Committee on Commerce Ministry Tofail Ahmed, Commerce Secretary Dr. Jafar Uddin, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Sheikh Fazle Fahim and Export Promotion Bureau (EPB) Vice-Chairman Fatima Yasmin also spoke at the program.
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Picture: Collected[/caption]
This year, the fair will show a total of 483 stalls and pavilions from home and abroad. There are 112 pavilions, 128 mini pavilions and 243 stalls.
Different companies from 21 countries, including the UK, USA, China, Turkey, Thailand, India, Pakistan, Italy, Australia, Germany, South Africa, the UAE, Malaysia, and Brunei will take part in DITF.
The fair will remain open from 10am to 9:30pm every day till January 31. Entry fee has been fixed at Tk. 40 for the adults and Tk. 20 for children.
The export earnings from the fair were $ 19.46 million last year. The earning was $ 35.5 million in 2018, according to the Export Promotion Bureau (EPB).
The EPB and the Ministry of Commerce have been jointly organizing the traditional month-long fair, beginning on New Year's Day in the Gregorian calendar. There is a huge crowd of buyers and visitors at the fair.
Source: Online/SZK
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