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AL govt to focus on export-oriented industrialization

Special Correspondent | banglanews24.com
Update: 2022-07-09 17:35:43
AL govt to focus on export-oriented industrialization

The government is trying to reduce dependency on imports and focus more on industrialization to diversify the country's export sector.

If the Awami League government comes to power in the future will focus on reducing dependency on imports and increasing export-oriented industries. The policymakers of the government and the AL feel that adequate industrialization is necessary to make the development sustainable and to build a developed and prosperous country.

Prime Minister Sheikh Hasina in several meetings and events emphasized producing exportable products by reducing imports and creating new markets globally.

Awami League presidium member and agriculture minister Abdur Razzak told banglanews that we have become self-sufficient in food. Now industrialization must be unleashed.

This will increase employment. With this, the domestic market will also grow, added the Minister.

He said that exports should be diversified and not just rely on garment exports. We need to build more export-oriented industries. In addition, we need to reduce imports by producing the products locally.

Awami League joint general secretary AFM Bahauddin Nasim told banglanews that “we have to increase our own production by reducing dependency on import. Besides, we have to focus on increasing exports to earn foreign exchange.

If Awami League comes to power in the future, the country will be turned into an industrial-dependent country, said Nasim.

BDST: 1735 HRS, JULY 9, 2022
MSK

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