Health and Family Welfare Minister Mohammad Nasim on Monday said Bangladesh has earned Taka 3,196 crore through exporting drugs in 142 countries in last year and the quantity of drug export and the number of countries is gradually increasing, reports BSS.
The minister said this while responding to a tabled question placed by treasury bench member Mamtaz Begum of Manikganj-2 at the House.
In 2016, the country earned Taka 2,247 crore from drug export to 127 countries in the world and Taka 812 crore was earned from drug export to 120 countries in 2015.
In 2014, Bangladesh earned Taka 733 crore by exporting drugs to 92 countries including Europe and America, the minister added.
At present, country’s 98 per cent drug demand is possible to meet from the local production.
After the independence, the availability of the drug was entirely met by import and people had to buy drugs at a higher price.
To achieve self-sufficiency in drug industries, Nasim said the government has allocated land for establishing Active Pharmaceutical Ingredients (API) to produce drug raw materials at Gazaria in Munshiganj.
Consequently, the country will able to earn more foreign currency by exporting drugs along with drug raw materials following the operation of the raw materials factories at the park, the minister added.