ZCZC
BSS-25
DSCE-MEETING
Speakers for creating separate fund to create new entrepreneurs
DHAKA, Feb 8, 2020 (BSS) – Speakers at a view-exchange meeting has
underscored the need for creating separate fund for disbursing interest-free
credit among the new entrepreneurs for the sake of industrialisation and
country’s economy.
They said industrialisation is very much necessary for attaining desired
economic development and new entrepreneurs should have to be created for
this.
They came up with such observation at a view-exchange meeting between the
entrepreneurs and students of Dhaka School of Economics (DScE) at the
Xclusive Can Limited factory in Gazipur, said a press release here today.
The students of Entrepreneur Economics Department of DScE visited the
factory and later attended the view-exchange meeting with the entrepreneurs.
Entrepreneur Economics Department Professor Dr Muhammad Mahboob Ali,
Assistant Professors Rehana Parvin and Sarah Tasnim, managing director of Q
Pail Limited Syed Nasir spoke on the occasion.
Q Pail Limited is one of the leading plastic package product manufacturing
companies in Bangladesh and it offers any kind of plastic packaging solution
and metal containers (through Q Pail Limited’s sister concern Xclusive Can
Limited) for any industry like paint, food, ice-cream, pharmaceuticals etc.
Speaking on the occasion, Dr Mahboob Ali said the fourth industrial
revolution would be technology-based and the Bangladeshi entrepreneurs would
also have to apply latest technology in all of their factories to stay alive
in the global economy.
Citing the non availability of collateral-free loan to a big extent as the
main barrier for creating new entrepreneurs, he urged the government to take
necessary measures so that the new entrepreneurs could get collateral-free
loans.
Echoing with Prof Mahboob, managing director of Q Pail Limited Syed Nasir
said the new entrepreneurs often finds it hard to get loans and suggested the
government to form separate fund to disburse collateral-free and interest-
free loans among the new entrepreneurs to launch their ventures.
BSS/PR/GM/SSS/1909 hrs