Bangladesh may witness a wonderful transformation through utilising talents and creativity of new entrepreneurs and their invention, said Posts and Telecommunications Minister Mustafa Jabbar on Wednesday.
"Embracing the latest technology is crucial for cottage, micro, small and medium scale enterprises (CMSMEs) development in Bangladesh," he added.The minister shared the observation while speaking as the chief guest at a virtual seminar titled:"CMSMEs in Bangladesh: Journey, Challenges and Future Direction" for Mymensingh Division as a part of its REVIVE Project.
Innovation, Creativity and Entrepreneurship (ICE) Centre at the University of Dhaka in collaboration with UNDP Bangladesh organised the event, said a press release.
Bangladesh Bank former governor Atiur Rahman, Professor Khandaker Bazlul Haque and Bangladesh Bank Officer Md Arifuzzaman spoke on the occasion.
ICE Centre Executive Director Md Rashedur Rahman moderated the programme while Vice-Chairman, ICE Centre Dr Khondoker Bazlul Hoque presided over the seminar.
Mustafa Jabbar said that Bangladesh is moving towards another transformation in the world by combining talent, skills and creativity with history, heritage, literature and culture of Bengalis.
"It is essential to acquire digital skills to meet the challenges of the Fourth Industrial Revolution, the minister said while emphasising on the importance of acquiring skills to operate digital devices.The minister also highlighted the importance of the development and spread of digital knowledge to keep up with the times of the present.
Bangladesh’s digital technology is almost similar to the leading countries of the previous three industrial revolutions, said Jabbar.
Bangladesh has made unimaginable progress in the development of digital technology through the continuation of various programmes under the leadership of Prime Minister Sheikh Hasina to establish Digital Bangladesh.
Speaking at the seminar, Dr Atiur Rahman said that enhancement of technology, policy formulation and coordination are the root of the development of this economy.
This pandemic has proven the importance of technological infrastructure more than ever which is why it is absolutely essential that the wonderful initiatives taken by the government to strengthen the ICT sector is further enhanced, he added.
A lot of policies regarding CMSMEs have already been developed and those need utmost execution, said Dr Atiur Rahman, adding, "We need to assure that the implementation of the strategies matches the planning we had undertaken."
Md Rashedur Rahman shared how their efforts are still a work in process but are gaining momentum.
General Manager of Bangladesh bank Md Rafiqul Islam, and President of Mymensingh Women Chamber of Commerce and Industry Lucy Akhtary Mahal, among others, were also present on the occasion.