Release of Imported Vehicles

BARVIDA demands port fees waiver

Staff Correspondent

1 June, 2020 12:00 AM printer

Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) has sought to waive port fee on release of the imported vehicles that stacked at Chattogram and Mongla ports.

The association also claimed that government would get Tk 1,000 crore revenue if they able to release 8,000 imported vehicles from ports.

The government needs to take a time befitting policy measures to realise this big amount of much required revenue during this crisis but in short time.

Abdul Haque, President of BARVIDA placed those proposals to the government in a virtual press conference held at the association office in the capital.

The government had earlier waived the container port charges at the Chattogram Port due to pandemic coronavirus, but unfortunately the importers of the reconditioned cars could not enjoy this government facility.

 “BARVIDA has been requesting the government, particularly to the Shipping Ministry, for waiving the rent fees on release of the imported vehicles as the port was close for two months,” BARVIDA leaders said.

The BARVIDA leaders alleged that the members of this important association have not been receiving any financial supports from the Government announced bailout packages worth Tk 20,000 crore and Tk 30,000 crore.

 “So, the BARVIDA has proposed the government for allocating Tk 500 Crore as loan from these two bailout packages of the government. Here, the BARVIDA has been assuring that allocating loan in the reconditioned vehicle sector is 100 percent safe and secured”, they said.

The sudden pandemic coronavirus attack has just worsened the condition of the sector by augmenting crises. For instance, more than 4,000 units of cars are on display in more than 200 different showrooms of the BARVIDA members in Dhaka and Chattogram waiting to be sold.

Moreover, nearly 8,000 units of cars are stacked in the yards of Mongla and Chattogram ports, imported by the BARVIDA members.

Currently, more than 870 enterprises under the BARVIDA membership are in operations across the country. The total investment in this sector is Tk 20,000 crore. The enlisted BARVIDA member companies pay more than Tk 3,000 Crore as revenue to the government in a year.

BARVIDA Secretary General Mohammed Shahidul Islam, Vice-Presidents SM Anwar Sadat, Mohammad Saiful Islam Samrat and Md. Jasim Uddin Mintu and other executive members of the association also attended the virtual press conference.