President asks businessmen to create more jobs for youths

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DHAKA, Jan 9, 2019 (BSS) – President M Abdul Hamid today urged business
community to come forward to create more job opportunities for the country’s
youths.

“Thousands of meritorious youths come out successful every year with
higher studies…it is an urgent to create job opportunities for them and you
have to come forward in this regard,” he said while addressing the opening
session of the 24th Dhaka International Trade Fair (DITF-2019) at Sher-e-
Bangla Nagar here this afternoon.

Stressing the need for setting up new industries and factories in the
country to utilise the comparative facilities and explore its potential, the
President said: “This will help enhance employment generation and
investment”.

He further called upon both the local and foreign investors to explore the
potential of blue economy as the government’s marine-based economic
activities have opened a new horizon of progress.

Abdul Hamid underscored the need for attaining expertise to expand trade
and commerce, creating new markets and diversifying the country’s export
baskets.

“You have to take pragmatic steps to produce quality goods along with
enhancing productivity, branding products, and making those more attractive,”
he said.

The President also urged business leaders to take necessary steps to
increase export of jute products and agro products, including frozen shrimp,
mango and potato.

He said Bangladesh exported 750 items of products to 202 countries during
fiscal 2017-2018 while the export volume reached at US$ 41 million.

Abdul Hamid hoped that the DITF would play an important role in
implementing the multi-faceted economic plans, which would help accelerate
the country’s development.

Later, the President inaugurated the month-long DITF-2019 at fair venue and
visited several stalls and pavilions there.

The Commerce Ministry and Export Promotion Bureau (EPB) jointly organised
the trade fair, which will remain open for all from 10 am to 10 pm every day.

A total of 550 stalls and pavilions, including 60 premium pavilions, 38
premium mini pavilions, 20 reserved pavilions for women, 26 foreign
pavilions, 18 general pavilions and 22 food stalls, will be set up in the
fair venue.

Different business entities from India, Bhutan, Pakistan, China, the
United States, the United Kingdom, Nepal, Australia, Germany, Hong Kong,
Thailand, Vietnam, the Maldives, Mauritius, Russia, Iran and Swaziland are
participating in the fair.

Commerce Minister Tipu Munshi, Commerce Secretary Md Mofizul Islam,
president of Federation of Bangladesh Chambers of Commerce and Industry
(FBCCI) Md Shafiul Islam Mohiuddin, Export Promotion Bureau (EPB) vice-
chairman Bijoy Bhattacharjee, business leaders, secretaries concerned to the
President, senior civil and military officials were, among others, present.