Mustafa Jabbar for embracing latest technology to develop CMSMEs


DHAKA, Jan 13, 2021 (BSS) – Posts and Telecommunications Minister Mustafa Jabbar today underscored the need for embracing the latest technology to develop the country’s cottage, micro, small, and medium sized enterprises (CMSMEs).

“To keep pace with the times we have to spread our digital knowledge among all people and technological change must be embraced with sincerity. We should know our own heritage well and spread it among others and for this he called on the youth to play a leading role,” he said while speaking as the chief guest at a webinar on “CMSMEs In Bangladesh: Journey, Challenges and Future Direction” for Mymensingh Division as a part of its REVIVE Project, said a press release.

Innovation, Creativity and Entrepreneurship (ICE) Center at the University of Dhaka in collaboration with UNDP Bangladesh organized the webinar.

Former Bangladesh Bank Governor and Bangabandhu Chair Professor of the Dhaka University Development Studies Department Dr Atiur Rahman was the keynote speaker while Executive Director of Innovation Creativity and Entrepreneurship (ICE) Center and Associate Professor of the Dhaka University Organization Strategy and Leadership Department Md Rashedur Rahman moderated the webinar.

Vice-Chairman of ICE Center and Supernumerary Professor of the Dhaka University International Business Department Dr Khondoker Bazlul Hoque presided over the event.

As we know and accept a lot from other countries and cultures, we also have things to accept from others, so we have to sharpen our own knowledge, Jabbar said.

Atiur Rahman said there should be a special corner for CMSME traders in the economic zone of Jamalpur. He emphasized on digital monitoring systems in the overall development of the sector.

Emphasizing on the joint initiatives of the government, industry and all stakeholders with the university, he said everyone should work together for inclusive development.

Dr. Atiur also said that enhancement of technology, policy formulation and coordination is at the root of the development of this economy. This pandemic has proven the importance of technological infrastructure more than ever which is why it is absolutely essential that the wonderful initiatives taken by the government to strengthen the ICT sector is further enhanced.

Moreover, he said that a lot of policies regarding CMSMEs have already been developed but what needs our attention most is their execution. We need to assure that the implementation of the strategies matches the planning we had undertaken.

Md. Rashedur Rahman shared how their efforts are still a work in progress but are gaining momentum. He mentioned the cultural and historical heritage Mymensingh division has and how this can be transformed into a cultural hub and attractive tourist destination to further enhance the industry.

He hopes that the efforts that ICE has been putting since September sees the light of day and that of the government together bring about a big change in the economy.