The New Nation - Internet Edition

Staff Reporter

Industries Minister Dilip Barua yesterday said that the government is going to formulate a comprehensive Industrial Policy very soon to patronize the private sector as the main thrust of industrialization.

Stressing on Public-Private Partnership for the sake of better investment and deeper industrialization, he said political stability could enhance proper industrialization in the country.

He delivered his speech at the Launching Programme of the 8th ship, namely Stella Moon, of Ananda Shipyard and Slipways Ltd, a co-organization of Ananda Group at Meghnaghat of Sonargoan in Narayangonj as chief guest.

Dr Abdullahel Bari, the Chairman of Ananda Group, presided over the function and said that his company had already exported seven vessels to Denmark and Mozambique.

And 44 vessels are now under construction for exporting in Denmark, Germany, Norway and Mozambique that have placed order, he added.

The Ananda Group Chairman also informed the newsmen that the Islami Bank Ltd have made commitment to give 6 hundred crore taka for ship building.

The Industries Minister assured the business community for providing all possible support to shipbuilding industry, saying 'we are committed to build up a knowledge-based society as well as knowledge-based economy with a view to establishing an industrialized Bangladesh by 2021'.

He wished that the Bank Interests would be single digit.

Referring the Ananda Shipyard as only ship exporting industry in Bangladesh, Afroza Bari, the Managing Director of the Group, urged the government to patronize the shipbuilding industry introducing the country before the world as shipbuilding nation.

She placed charter of demand which includes 30% Cash Incentive for five years,7% Interest Rate for working capital, removing bank guarantee for importing raw materials and L/C confirmation cost and VIP treatment of the owners at airport.

Among others, the local MP Abdullah Al Kaisar Hasnat, Einar H. Jensen, Ambassador of Denmark, Mrs Bea M. ten Tusscher, Ambassador of Netherlands, Hassan Farazandeh, Ambassador of Iran, Farid Uddin, Managing Director of Islami Bank Bangladesh Ltd were present as special guests and spoke on the occasion.