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Asian infrastructure development stressed

The Federation of Bangladesh Chambers of Commerce and Industry
(FBCCI) at an international conference sought regional cooperation,
technical assistance and financial support for developing
infrastructure facilities in Asian regions. Abul Kashem Ahmed, first
vice president of FBCCI, presented a keynote paper on "Role of
private sector to promote diversification of production and growth:
The case of Bangladesh" at the conference in New Delhi recently. The
conference on "Quality of Growth: Approaches to Inclusive Growth in
Asian Societies" organised by GTZ German Technical Cooperation, was
attended by about 300 delegates from the Asian region. Scholars and
economists from UK, USA, World Bank, Asian Development Bank and GTZ
also took part in the conference assisted by Planning Commission of
India and the Economic Cooperation and Development of Germany. Ahmed
presentation focused on private sector's contribution in
diversification of agricultural products, and private sector's role
in diversifying manufacturing products. He apprised the conference of
a congenial investment environment in Bangladesh. Market survey and
research and development will be the key components for
diversification of products to meet the local demand and compete in
the global market, he said. Free trade agreement can be a useful
instrument for export diversification, he told the conference.