Dilip Barua for increasing regional cooperation to improve industrial productivity
Dhaka, May 16 (UNB) - Industries Minister Dilip Barua on Monday stressed increasing regional cooperation with a view to improvement of regional industrial productivity.
“To create productive environment both at national and enterprise levels, a crash course on productivity campaign is very much essential. In this regard, the government of Bangladesh is committed to strengthening the National Productivity Organization (NPO) and utilize our mass media to spread out the message of productivity at every nook and corner of the country and the region,” he said.
The minister was addressing the inaugural session of a training program at Ruposhi Bangla Hotel in the capital this (Monday) afternoon.
Asian Productivity Organization (APO) of Japan and National Productivity Organization (NPO) jointly organized the five-day International Training program titled ‘Total Productive Maintenance Applications in SMEs’.
Chaired by Industries secretary KH Masud Siddiqui, the program was addressed, among others, by Representative from APO Kritchai Anakamanee and UPO director Dr M Nazrul Islam.
Speaking as chief guest, Dilip Barua said productivity and innovation is the key to success for socio-economic development of any society.
“Bangladesh being one of the least developed countries is striving hard to ensure economic development through rapid industrialization. In this context, productivity improvement is one of our prime considerations for achieving sustainable socio-economic growth,” he said.
He said the productivity promotion through creativity, innovation, knowledge and access to information are increasingly recognized as powerful engines driving economic growth and promoting development in a globalizing world.
Industries Minister said the Small and Medium Enterprise (SME) has been recognized as an effective engine of socio-economic growth and development of a nation.
“It is also considered as the basic structure for achieving highest economic sustainability and durability. Many Asian countries including India, Malaysia, Indonesia and Japan have been able to change their economy tremendously through establishing the SMEs on a strong footing,” he said.
Dilip Barua said the government is committed to SMEs as vehicles for quality of life improvement, economic growth and poverty alleviation of the common people.
“Our government is working as a facilitator to the SMEs in removing policy obstacles and neutralizing market failures. We are also providing necessary promotional support to the entrepreneurs through SME foundation.”
Referring to the government’s initiative to promote SME, he said the National Industrial Policy-2010 has already been formulated putting special emphasis for developing Small and Medium Enterprises (SMEs) as a thrust sector.
“Our goal is to ensure balanced industrial development in the country to help deal with the challenges of globalization. We believe that the rapid growth of SMEs is undoubtedly one vehicle for accelerating national economic growth.”
Dilip Barua said at present, more than 90 percent of the industrial enterprises in Bangladesh are in the SME size-class. Generally, SMEs are labour intensive with relatively low capital intensity. The SME Policy Strategies have been formulated to assist in the achievement of the goals and target the Millennium Development Goals (MDGs).
He urged all to come forward and work hands in hands together with the sprit of regional cooperation for the betterment of our common people through improvement of industrial productivity in Asian region.
Nearly 20 delegates from Cambodia, Fiji, Indonesia, Islamic Republic of Iran, Lao PDR, Malaysia, Mongolia, Nepal, Pakistan, Philippines, Republic of China, Sri Lanka, Thailand, Vietnam, and Bangladesh are participating in the program.
“To create productive environment both at national and enterprise levels, a crash course on productivity campaign is very much essential. In this regard, the government of Bangladesh is committed to strengthening the National Productivity Organization (NPO) and utilize our mass media to spread out the message of productivity at every nook and corner of the country and the region,” he said.
The minister was addressing the inaugural session of a training program at Ruposhi Bangla Hotel in the capital this (Monday) afternoon.
Asian Productivity Organization (APO) of Japan and National Productivity Organization (NPO) jointly organized the five-day International Training program titled ‘Total Productive Maintenance Applications in SMEs’.
Chaired by Industries secretary KH Masud Siddiqui, the program was addressed, among others, by Representative from APO Kritchai Anakamanee and UPO director Dr M Nazrul Islam.
Speaking as chief guest, Dilip Barua said productivity and innovation is the key to success for socio-economic development of any society.
“Bangladesh being one of the least developed countries is striving hard to ensure economic development through rapid industrialization. In this context, productivity improvement is one of our prime considerations for achieving sustainable socio-economic growth,” he said.
He said the productivity promotion through creativity, innovation, knowledge and access to information are increasingly recognized as powerful engines driving economic growth and promoting development in a globalizing world.
Industries Minister said the Small and Medium Enterprise (SME) has been recognized as an effective engine of socio-economic growth and development of a nation.
“It is also considered as the basic structure for achieving highest economic sustainability and durability. Many Asian countries including India, Malaysia, Indonesia and Japan have been able to change their economy tremendously through establishing the SMEs on a strong footing,” he said.
Dilip Barua said the government is committed to SMEs as vehicles for quality of life improvement, economic growth and poverty alleviation of the common people.
“Our government is working as a facilitator to the SMEs in removing policy obstacles and neutralizing market failures. We are also providing necessary promotional support to the entrepreneurs through SME foundation.”
Referring to the government’s initiative to promote SME, he said the National Industrial Policy-2010 has already been formulated putting special emphasis for developing Small and Medium Enterprises (SMEs) as a thrust sector.
“Our goal is to ensure balanced industrial development in the country to help deal with the challenges of globalization. We believe that the rapid growth of SMEs is undoubtedly one vehicle for accelerating national economic growth.”
Dilip Barua said at present, more than 90 percent of the industrial enterprises in Bangladesh are in the SME size-class. Generally, SMEs are labour intensive with relatively low capital intensity. The SME Policy Strategies have been formulated to assist in the achievement of the goals and target the Millennium Development Goals (MDGs).
He urged all to come forward and work hands in hands together with the sprit of regional cooperation for the betterment of our common people through improvement of industrial productivity in Asian region.
Nearly 20 delegates from Cambodia, Fiji, Indonesia, Islamic Republic of Iran, Lao PDR, Malaysia, Mongolia, Nepal, Pakistan, Philippines, Republic of China, Sri Lanka, Thailand, Vietnam, and Bangladesh are participating in the program.
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