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Sunday, February 25, 2024

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


Nineteen industrial units under six categories on December 28, 2020 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.


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