Industrial policy at final stage
Thursday, 27 August 2009
Doulot Akter Mala
The government is likely to consider hi-tech parks as industry and include automobile service and CNG filing stations in the service sector in the new industrial policy.
Changes are being brought to the draft industrial policy in line with the suggestions of different ministries.
The policy will be placed before cabinet next month for approval, an industry ministry official said.
The industry ministry is scheduled to hold a meeting on August 31 to discuss opinions of all the ministries and departments, the official said.
In the new industrial policy hi-tech parks will be included in the industrial sector under the definition provided by the Bangladesh Export Processing Zones Authority (BEPZA), he added.
The industry ministry is also seriously considering the proposal of Board of Investment (BoI) to include automobile service and CNG filling stations in the service sector.
After unveiling the draft industrial policy, the ministry held the first inter-ministerial meeting on June last, chaired by industry secretary Dewan Zakir Hossain.
Finance ministry has observed that the provision of not allowing privatisation of state-owned enterprises in the draft industrial policy-2009 is contradictory with the privatisation law and policy.
The industry ministry will amend some rules to avoid any contradiction between privatisation laws and the industrial policy, he said.
The government had solicited opinions from different ministries on the draft industrial policy-2009 that was unveiled in April 25 last.
The finance ministry also proposed not to turn arable land into economic zones or industrial parks, to relocate leather industries to the industrial park and to include jewellery business in the industrial sector.
The ministry also proposed to utilise existing export processing zones (EPZ) and Industrial Parks instead of creating new industrial estates.
The industrial policy will focus on labour laws to protect labour interest. It will also lure private investment in information communication and technology sector.
The government is likely to consider hi-tech parks as industry and include automobile service and CNG filing stations in the service sector in the new industrial policy.
Changes are being brought to the draft industrial policy in line with the suggestions of different ministries.
The policy will be placed before cabinet next month for approval, an industry ministry official said.
The industry ministry is scheduled to hold a meeting on August 31 to discuss opinions of all the ministries and departments, the official said.
In the new industrial policy hi-tech parks will be included in the industrial sector under the definition provided by the Bangladesh Export Processing Zones Authority (BEPZA), he added.
The industry ministry is also seriously considering the proposal of Board of Investment (BoI) to include automobile service and CNG filling stations in the service sector.
After unveiling the draft industrial policy, the ministry held the first inter-ministerial meeting on June last, chaired by industry secretary Dewan Zakir Hossain.
Finance ministry has observed that the provision of not allowing privatisation of state-owned enterprises in the draft industrial policy-2009 is contradictory with the privatisation law and policy.
The industry ministry will amend some rules to avoid any contradiction between privatisation laws and the industrial policy, he said.
The government had solicited opinions from different ministries on the draft industrial policy-2009 that was unveiled in April 25 last.
The finance ministry also proposed not to turn arable land into economic zones or industrial parks, to relocate leather industries to the industrial park and to include jewellery business in the industrial sector.
The ministry also proposed to utilise existing export processing zones (EPZ) and Industrial Parks instead of creating new industrial estates.
The industrial policy will focus on labour laws to protect labour interest. It will also lure private investment in information communication and technology sector.