New law planned to ensure industrial growth
FE Report | Wednesday, 9 March 2011
FE Report
The Ministry of Industries (MoI) has taken an initiative to formulate a law to ensure the growth of the industrial sector in a planned way, Industries Minister Dilip Barua said Tuesday. "We believe a broad-based industrial law is a must for sustainable and environment-friendly industrialisation in the country," the minister said adding some guidelines from the industrial policy-2010 will also be incorporated into the law. Business bodies also demanded of the government a legal framework for the industrial policy to ensure its effective implementation, he said adding "This law will stop unplanned setting up of industrial units pose a serious threat to food security." The minister was speaking at a function organised to confer the Commercially Important Person (CIP) status on 42 businessmen for the year 2010 in the city. The business leaders were given the status in four categories according to government's CIP (Industry) Policy 2008 on the basis of their contributions in terms of setting up of industries, product manufacture and employment generation in the private sector. The government will increase the number of CIPs to sixty from next year with the aim to recognise the contribution of the businessmen, Mr Barua said. "We will include five persons from the service sector for the first time and raise the number of the CIPs to 60 next year," the minister said. Lauding different initiatives of MoI, AK Azad, president of FBCCI, said "Businessmen are not corrupt, they are not involved in politics rather they create employment." Referring to the businessmen's contribution to the country's economy, he demanded that the criminal law should not used to arrest businessmen. Amjad Khan Chowdhury, president of Metropolitan Chamber of Commerce and Industry, Abul Kashem Khan, former president of DCCI, KH Masud Siddiqui, secretary and ABM Khorshed Alam, additional secretary of Ministry of Industries, among others, spoke on the occasion. Earlier the recipients of the CIP status demanded the branding of the CIP status and increasing the number of the CIPs' to recognize of the contribution of businessmen. Of the 42 CIPs, ten were chosen ex-officio, eighteen under the large-scale industry category and nine were picked up under the medium-scale industry category while the other five were nominated under the small-scale industry category. Those selected under ex officio category are: AK Azad, incumbent president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), Abul Kashem Khan, president of Dhaka Chamber of Commerce and Industry (DCCI), M Anis Ud Dowla, president of Metropolitan Chamber of Commerce and Industry (MCCI), Shahedul Islam, president of Bangladesh Chamber of Industries (BCI), AM Hamim Rahmatullah, president of Foreign Investors' Chamber of Commerce and Industry (FICCI), M Abdul Latif, president of Chittagong Chamber of Commerce and Industry (CCCI), Sheikh Mohammad Abdus Sobhan, president of National Association of Small and Cottage Industries of Bangladesh (NASCIB), Abdul Hai Sarker, president of Bangladesh Textile Mills Association (BTMA), Nazmul Hoque, president of Bangladesh Jute Mills Association (BJMA) and Rokeya Afzal Rahman, president of Bangladesh Employers Federation (BEF). Eighteen individuals selected under the large-scale industry category are: Samson H Chowdhury, chairman of Square Pharmaceuticals Ltd, Md Nurul Islam, managing director (MD) of Zaber and Zubair Fabrics Ltd, Begum Rupali Chowdhury, MD of Berger Paints Bangladesh Limited, Md Shakhawat Hossain, MD of Western Marine Shipyard Ltd, Parvez Rahman, MD of BRB Cable Industries Ltd, Manjurul Islam, chairman of Aftab Bahumukhi Farms Ltd, Nazmul Hassan, MD of Beximco Pharmaceuticals Ltd, Abdul Monem, MD of Abdul Monem Ltd, Nasir Uddin, MD of Jeans 2000 Ltd, and Mirza Salman Ispahani, MD of MM Ispahani Ltd, Arif Dowla, MD of Advanced Chemical Industries Ltd, Anjan Chowdhury, MD of Square Consumer Products Ltd, Badsha Miah, MD of Badsha Textiles Ltd, Ali Husssain Akbar Ali, MD of Bangladesh Steel Re-rolling Mills Ltd, Toufiq M Seraj, MD of Sheltech Pvt Ltd, KM Rezaul Hasnat, MD of M/S Viyellatex Ltd, Abdur Razzak Sattar, MD of Utah Group of Companies and Kutub Uddin Ahmed, chairman of Envoy Group. Nine businessmen selected under the medium-scale industry category are: Abdul Wahid, MD of Nahid Cotton Mills Ltd, Khatib Abdul Zahid Mukul, MD of Zahintex Industries Ltd, Mohammad Ilias, MD of J and J Fabrics and Textiles Ltd, Majibur Rahman, MD of Smart Jeans Ltd, Tanvirul Huq Probal, MD of Building for Future, Iftekhar Uddin Farhad, chairman of FARR Ceramics Ltd, Sirajuddin Ahmed, MD of Gulshan Spinning Mills Ltd, Masud Zaman, MD of Beli Yarn Dying Ltd, and Mosharraf Hossain, chairman of Mosharraf Spinning Mills Ltd. Rezaul Karim Ansari, MD of Karim Leathers Ltd, Bazlur Rahman, MD of Julia Sweater Composite Ltd, ABM Kaiser, MD of M/S Gomoti Textiles Ltd, Mohammad Tanvir, director of Universal Jeans Ltd and ZM Ghulam Nobi, MD of Basumati Real Estate Ltd have been selected as CIPs under the small-scale industries category. CIP (Industry) cards will be considered as entry passes in the secretariat. The cardholders will be invited to national programmes as well as to civic receptions hosted by city corporations. The CIPs will enjoy preference when it comes to booking seats in public transports for business tours. The foreign ministry will send letters of introduction to embassies and high commissions in Dhaka so that the CIPs could get visas easily. They will also be able to enjoy the facilities of VIP Lounge-2 at airports during their travel.
The Ministry of Industries (MoI) has taken an initiative to formulate a law to ensure the growth of the industrial sector in a planned way, Industries Minister Dilip Barua said Tuesday. "We believe a broad-based industrial law is a must for sustainable and environment-friendly industrialisation in the country," the minister said adding some guidelines from the industrial policy-2010 will also be incorporated into the law. Business bodies also demanded of the government a legal framework for the industrial policy to ensure its effective implementation, he said adding "This law will stop unplanned setting up of industrial units pose a serious threat to food security." The minister was speaking at a function organised to confer the Commercially Important Person (CIP) status on 42 businessmen for the year 2010 in the city. The business leaders were given the status in four categories according to government's CIP (Industry) Policy 2008 on the basis of their contributions in terms of setting up of industries, product manufacture and employment generation in the private sector. The government will increase the number of CIPs to sixty from next year with the aim to recognise the contribution of the businessmen, Mr Barua said. "We will include five persons from the service sector for the first time and raise the number of the CIPs to 60 next year," the minister said. Lauding different initiatives of MoI, AK Azad, president of FBCCI, said "Businessmen are not corrupt, they are not involved in politics rather they create employment." Referring to the businessmen's contribution to the country's economy, he demanded that the criminal law should not used to arrest businessmen. Amjad Khan Chowdhury, president of Metropolitan Chamber of Commerce and Industry, Abul Kashem Khan, former president of DCCI, KH Masud Siddiqui, secretary and ABM Khorshed Alam, additional secretary of Ministry of Industries, among others, spoke on the occasion. Earlier the recipients of the CIP status demanded the branding of the CIP status and increasing the number of the CIPs' to recognize of the contribution of businessmen. Of the 42 CIPs, ten were chosen ex-officio, eighteen under the large-scale industry category and nine were picked up under the medium-scale industry category while the other five were nominated under the small-scale industry category. Those selected under ex officio category are: AK Azad, incumbent president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), Abul Kashem Khan, president of Dhaka Chamber of Commerce and Industry (DCCI), M Anis Ud Dowla, president of Metropolitan Chamber of Commerce and Industry (MCCI), Shahedul Islam, president of Bangladesh Chamber of Industries (BCI), AM Hamim Rahmatullah, president of Foreign Investors' Chamber of Commerce and Industry (FICCI), M Abdul Latif, president of Chittagong Chamber of Commerce and Industry (CCCI), Sheikh Mohammad Abdus Sobhan, president of National Association of Small and Cottage Industries of Bangladesh (NASCIB), Abdul Hai Sarker, president of Bangladesh Textile Mills Association (BTMA), Nazmul Hoque, president of Bangladesh Jute Mills Association (BJMA) and Rokeya Afzal Rahman, president of Bangladesh Employers Federation (BEF). Eighteen individuals selected under the large-scale industry category are: Samson H Chowdhury, chairman of Square Pharmaceuticals Ltd, Md Nurul Islam, managing director (MD) of Zaber and Zubair Fabrics Ltd, Begum Rupali Chowdhury, MD of Berger Paints Bangladesh Limited, Md Shakhawat Hossain, MD of Western Marine Shipyard Ltd, Parvez Rahman, MD of BRB Cable Industries Ltd, Manjurul Islam, chairman of Aftab Bahumukhi Farms Ltd, Nazmul Hassan, MD of Beximco Pharmaceuticals Ltd, Abdul Monem, MD of Abdul Monem Ltd, Nasir Uddin, MD of Jeans 2000 Ltd, and Mirza Salman Ispahani, MD of MM Ispahani Ltd, Arif Dowla, MD of Advanced Chemical Industries Ltd, Anjan Chowdhury, MD of Square Consumer Products Ltd, Badsha Miah, MD of Badsha Textiles Ltd, Ali Husssain Akbar Ali, MD of Bangladesh Steel Re-rolling Mills Ltd, Toufiq M Seraj, MD of Sheltech Pvt Ltd, KM Rezaul Hasnat, MD of M/S Viyellatex Ltd, Abdur Razzak Sattar, MD of Utah Group of Companies and Kutub Uddin Ahmed, chairman of Envoy Group. Nine businessmen selected under the medium-scale industry category are: Abdul Wahid, MD of Nahid Cotton Mills Ltd, Khatib Abdul Zahid Mukul, MD of Zahintex Industries Ltd, Mohammad Ilias, MD of J and J Fabrics and Textiles Ltd, Majibur Rahman, MD of Smart Jeans Ltd, Tanvirul Huq Probal, MD of Building for Future, Iftekhar Uddin Farhad, chairman of FARR Ceramics Ltd, Sirajuddin Ahmed, MD of Gulshan Spinning Mills Ltd, Masud Zaman, MD of Beli Yarn Dying Ltd, and Mosharraf Hossain, chairman of Mosharraf Spinning Mills Ltd. Rezaul Karim Ansari, MD of Karim Leathers Ltd, Bazlur Rahman, MD of Julia Sweater Composite Ltd, ABM Kaiser, MD of M/S Gomoti Textiles Ltd, Mohammad Tanvir, director of Universal Jeans Ltd and ZM Ghulam Nobi, MD of Basumati Real Estate Ltd have been selected as CIPs under the small-scale industries category. CIP (Industry) cards will be considered as entry passes in the secretariat. The cardholders will be invited to national programmes as well as to civic receptions hosted by city corporations. The CIPs will enjoy preference when it comes to booking seats in public transports for business tours. The foreign ministry will send letters of introduction to embassies and high commissions in Dhaka so that the CIPs could get visas easily. They will also be able to enjoy the facilities of VIP Lounge-2 at airports during their travel.