President for sustainable, environment-friendly industrialization

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DHAKA, March 30, 2019 (BSS) – President Md. Abdul Hamid today said
sustainable and environment-friendly industrialization is essential for
achieving the goals of economic prosperity.

In a message on the occasion of the ‘National Industrial Fair 2019’, he
said industrialized nations have already been able to reach the desired
destination of socio-economic progress by strengthening the process of
quality industrialization.

“Our entrepreneurs will also have to set up industries aiming to use local
raw materials in order to materialize the target of becoming a developed
economy as per the goals specified in the vision 2021 and vision 2041,” the
President added.

“For this, we have to take necessary steps to boost production of import
substitute products using own resources, talent, creativity and innovation,”
he said adding diversification of export-oriented products and strengthening
the efforts of value addition will surely increase our competency to survive
successfully in the competitive global market.

Father of the Nation Bangabandhu Sheikh Mujibur Rahman laid special
emphasis on expanding industrialization at the grassroots level, the
President said, adding he had strengthened the efforts of achieving
prosperity in the industrial sector through popularizing the concept of
setting up local raw materials based industries.

“After the assassination of Bangabandhu on August 15, 1975, the aim of
achieving economic emancipation of the Bengali nation was stagnant. In line
with the economic philosophy of Bangabandhu, the government has taken
multifaceted initiative to pursue the trend of industrialization,” he added.
Abdul Hamid said the use of modern and environmental- friendly technologies
has been intensified in the industrial sector.

“I hope that the ‘National Industrial Fair – 2019’ will accelerate the
industrialization process of Bangladesh. It will encourage the participating
entrepreneurs to expand their products and services at the local and
international level through appropriate publicity and market linkage in the
upcoming days,” he added.

The President said, “I believe the fair would be able to display the
qualitative changes that have taken place in the industrial sector of
Bangladesh.”