Commerce minister Tipu Munshi on Saturday urged local entrepreneurs of plastic goods to seize the opportunities presented on the local and global markets by ensuring the quality of products.
‘The plastic industry is a potential sector in Bangladesh. There is a huge market for plastic products across the globe. We’ll have to grab that market through ensuring quality of products, design and skills. The demand for plastic products is increasing day by day and we’ll have to seize this opportunity,’ he said.
The minister was addressing a function marking the inauguration of the new campus of the Bangladesh Institute of Plastic Engineering and Technology at the Pangaon Container Port Road in Dakshin Keraniganj, said a ministry press release.
Mentioning that the government had been extending all the necessary support for the development of the plastic sector, Tipu said that the businesspersons would also have to come forward to this end and groom themselves to meet the global demand for plastic products.
‘There is no alternative to gaining new skills to survive the competition. I believe that this institute will play an important role in building skilled manpower. All concerned need to play their roles for turning plastic products into an important export item like RMG,’ he said.
Talking about the country’s graduation from the least developed country status, the minister said that the nation had awaited an enlightened path and it would have to move forward.
‘For this, we’ll have to attain qualifications and skills.’
Tipu said that the government had already struck a preferential trade agreement with Bhutan while such an agreement will be signed with Nepal soon.
‘Discussions are underway with many more countries. Although it may seem to us not so profitable in the short-term, it will be profitable for us in the long-term. For this we’ll have to work and there is no alternative to ensuring product quality and skills to sustain on the competitive global market,’ he added.
Commerce secretary Md Jafar Uddin spoke on the occasion as the special guest chaired by Bangladesh Plastic Goods Manufacturers and Exporters Association president M Jashim Uddin.
Association’s vice-president Gias Uddin Ahmed, former presidents Shamim Ahmed, SM Kamal Uddin and Pran-RFL Group chairman Ahsan Chowdhury spoke at the programme, among others.
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