The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin has called for ensuring the quality of domestic products in order to utilise the potential of the global market for electronics products.
"Once we had to import electrical products. Now about 80 percent is produced in the country," he said at a meeting of the FBCCI Standing Committee on Electrical and Electronics Merchandise on Saturday.
He also said all the big and small companies are contributing to the economy of the country. The government is also providing adequate security to keep small traders afloat.
"We need to cooperate in formulating policies for them. We have to work for the development of the whole sector not only for the betterment of our own business only," he added.
At the same time, the FBCCI president urged the businessmen to emphasise the establishment of backward linkages.
FBCCI’s Senior Vice-President Mostofa Azad Chowdhury Babu said, we should provide full cooperation to these sectors including electrical, which can generate revenue by exporting products to world market.
FBCCI’s Vice-President Director-in-Charge of the Committee MA Razzak Khan said that there are policies in almost all sectors including garments and leather, except this electrical and electronics sectors.
The meeting was chaired by former director of FBCCI and chairman of the committee Engr Mohd Mohabbat Ullah.
Other members of the committee raised various demands at the meeting, including government incentives on the manufacturing of safety security equipment, increasing the use of domestic cable in government projects, setting up hubs for electrical and electronics products in Dubai or Africa, and 15 percent cash incentives from the government on this sector.
Among others, FBCCI Vice-Presidents MA Momen, Md Amin Helaly, Director Hafez Harun, Former Director Khandaker Ruhul Amin, Committee Co-Chairman Mafizur Rahman, Salauddin Yousuf, FBCCI Secretary General Mohammad Mahfuzul Hoque and other members were present at the meeting.