Accelerating the Trillion Dollar Journey

THE FEDERATION OF BANGLADESH CHAMBERS OF COMMERCE & INDUSTRY

Accelerating the Trillion Dollar Journey

First Meeting of the Standing Committee meeting on Electrical and Electronics Merchandise held

FBCCI President Md. Jashim Uddin urged the businessmen to ensure the quality of electronic and electrical products to harness the potential of global market.
FBCCI President Md Jashim Uddin on May 14, 2022 come up with this call at the Standing Committee meeting on Electrical and Electronics Merchandise at the FBCCI office. ” we used to import electronic goods, but now about 80 percent is made in the country, he noted. Mentioning compliance is a big issue for the development of this sector, the FBCCI Chief said that it is possible to export electronic and electrical goods to the world market if we can ensure quality products.
FBCCI’s senior vice-president Mostofa Azad Chowdhury Babu said, we should provide full cooperation to the sectors including electrical, which can generate revenue by exporting products abroad.

BCCI’s Vice President M A Razzak Khan and Director-in-Charge of the Committee said that there are policies in almost all sectors including garments and leather, except this electrical and electronics sectors. As a result, most of the companies in the country are in a dire situation. He said that if the small and medium entrepreneurs could not survive, they would fail to repay the loans given by the banks. As a result, both the bank and the entrepreneur will suffer.
President of Bangladesh Television Manufacturers Association and Co-Chairman of the Committee Md. Sohel Khan demanded a separate industrial zone for assembling television.
FBCCI’s panel advisor and co-chairman of the committee, Dr. Kazi Iqbal said that due to lack of research and sufficient data, electrical and electronics sector in Bangladesh is not growing significantly. We need to work on overall sectoral mapping.
The meeting was chaired by former director of FBCCI and the chairman of the committee Engr. Mohd. Mohabbat Ullah. Citing the lack of data in the electronics sector, he informed about his planning of creating a databank in the sector on his own initiative and sending it to the government through FBCCI.
Other members of the committee raised various demands at the meeting, including government incentives on the manufacturing of safety security equipments, increasing the use of domestic cable in government projects, setting up hubs for electrical and electronics products in Dubai or Africa, and 15% cash incentives from the government on this sector.
Among others FBCCI Vice President M A Momen, Md Amin Helaly, Director Harun or Rashid, Former Director Khandaker Ruhul Amin, Committee Co-chairman Mafizur Rahman, Salauddin Yousuf, FBCCI Secretary General Mohammad Mahfuzul Hoque and other members of the standing committee were also present at the meeting.