19 industrial units receive ‘President’s Industrial Development Award’

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DHAKA, Dec 28, 2020 (BSS) – Nineteen industrial units under six categories
today received ‘President’s Industrial Development Award-2018’ for their
outstanding contribution to the national economy.

Among the winners, four are under a large industries category, four under
medium, three small, three micro, three cottage and two hi-tech industries.

Industries Minister Nurul Majid Mahmud Humayun handed over the awards as
the chief guest at a function at Sonargaon Hotel in the city while State
Minister for Industries Kamal Ahmed Mojumder and Federation of Bangladesh
Chambers of Commerce and Industries (FBCCI) President Sheikh Fazle Fahim
attended the function as special guests.

Industries Secretary KM Ali Azam presided over the function.

In his speech, Nurul Majid Mahmud Humayun said the Industries Ministry is
providing necessary policy support to entrepreneurs for achieving the goal of
sustainable and knowledge-based industrialization.

“Considering the changed situation of world economy, we have taken
initiative to formulate ‘National Industrial Policy 2021’ for achieving the
Sustainable Development Goals (SDGs) and Vision-2041. Preparation work has
already started. In addition, a world-class industrial database and an
industrial university have been set up,” he added.

He said a planned and time bound roadmap for the development of light
engineering industry is already being prepared.

He said a strong private sector is essential for achieving the desired
goals of industrialization. “Industries Ministry has always been patronizing
the private sector. For the past few years, we have been distributing CIP
(Industrial) Cards for significant contributions to the industry. The
‘Productivity and Quality Excellence Award’ is being given under the
direction of Prime Minister Sheikh Hasina to increase productivity at the
national level,” he added.

Kamal Ahmed Mojumder called upon the business community to stop the trend
of rising commodity prices through syndicates and artificial crises.

“There is an adequate supply of all kinds of daily necessities, so there is
no reason to raise prices,” he said.

Kamal Mojumder advised the awardees to expand the export market of domestic
products by ensuring quality of products.

British American Tobacco Bangladesh took the top spot under large industry
category followed by Incepta Pharmaceuticals, Energypac Engineering and
Olympic Industries.

From among medium industries, Tafrid Cotton Mills came in first, Sheltech
Technology and ECHOTEX jointly second and Envoy Fashions third.

Under the small industry category, Concept Knitting took the lead followed
by APS Design Works and Summit Oil and Shipping Company.

TRIM TEX BANGLADESH secured first position among micro industries with
Masco Overseas and Crimson Rosella Seafood respectively following suit.

Classical Handmade Products BD secured first position in cottage industry
category, Intelligent Card second and Rupkatha Jubo O Mohila Unnayan Sangstha
third.

Among those in the high-tech industry, Servic Engine was selected for the
first position and Metatude Asia the second. There was no third place in this
category.