The government will confer awards on 13 industrial units today (Tuesday) for their outstanding contributions to economic development of the country.
The 'President's Award for Industrial Development-2016' will be given to the winners under heavy, medium, small, micro, cottage and high-tech industry categories.
President Md Abdul Hamid will give away the awards at a ceremony at Osmani Memorial Auditorium in the capital. Industries Minister Amir Hossain Amu will preside over the ceremony.
The industrial units nominated for the awards under heavy industry category are Fariha Spinning Mills Ltd, Spectra Engineers Ltd, and Envoy Textiles Ltd.
BRB Polymer Ltd., Chittagong Denim Mills and Basumati Distribution Ltd will be awarded under medium industry category.
Under the small industry category, the winners are Runner Automobiles Ltd., Auto-Tex Ltd, and M/S Abul Industries.
Smart Leather Products at Mohammadpur in Dhaka will be awarded under micro-industry category and Karupannya in Thakurgaon under cottage industry category.
Under high-tech industry category, awards will be given to Super Star Electrical Accessories Ltd and Service Engine Ltd.
Proprietor of Smart Leather Masuda Yesmin Urmy told the FE on Monday that she was delighted to be nominated for the award.
Urmy, who started her business in 2004 with only Tk 0.3 million as initial capital, said lack of access to funds is a big barrier to the growth of businesses run by women entrepreneurs.
The monthly turnover of her business now stands at Tk 1.5 to Tk 1.6 million.
The ministry of industries has initiated the award in 2014.
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