Need for investment-friendly atmosphere stressed

RAJSHAHI, Nov 10 (BSS) - Infrastructural development, creation of investment-friendly atmosphere and availability of updated business information could help expediting the industrialization process in the region. Talking to BSS, some chamber and business leaders here today stressed the need for creating business-friendly atmosphere in the region for bolstering its economic position. They said economic condition of the region could not be taken to the expected level unless its requisite business infrastructure is ensured. Administrator of Rajshahi Chamber of Commerce and Industry (RCCI) Ziaul Haque Tuku underscored the need for business expansion through establishing the potential industrial units here for the sake of its economic solvency. Reviewing the existing problems related to local enterprises and possible solutions of those he sought cooperation of all the authorities concerned for flourishing industrial sector in the region. He elaborated various issues like trade and business, industry, agriculture, power supply, import and export, SME development and expansion and bank interest rate. Highlighting the enormous potentiality of silk along with establishing agro-processing industry he said the business promotion organizations could extend financial and technical support to this sector for proper utilization of the agro-products. Referring to the agriculture sector he observed that surplus production of vegetables and other seasonal fruits could be utilized properly through setting up agro-based export- processing zone in the region. For which, he suggested supplying of pipeline based natural gas to this region. The chamber leader urged both the local and foreign investors to set up potential industries in the region by taking the advantage of facilities being provided by the government to raise the production of tradable items for creating more scopes for employment. With vast fertile lands, excellent communication network and skilled manpower, Tukusaid, the region has a bright future of exporting fresh vegetables and processed fruitsthrough establishing agro-based industries.