The government plans to build a world class shipyard near Payra seaport in Patuakhali costing around Tk 14,000 crore. Singapore and Australia-based company Gentium Solutions and Netherlands-based Damen Shipyards Group are willing to finance the Tk14,000 crore foreign direct investment (FDI) project, reads a press release from the Industries Ministry. It will
Tag: Govt
BGMEA urges government to fast complete Dhaka-Gazipur highway development project
BGMEA President Faruque Hassan urged the government to speed up the implementation of the bus rapid transit project and complete it in the quickest possible time to ease traffic congestion on the Dhaka-Gazipur highway. He also called for immediate steps to keep the highway free from random on-street parking and makeshift
Govt wants to build knowledge-based society, says PM
Prime Minister Sheikh Hasina on Sunday said the government wants to build a developed, prosperous nation imbued with modern and technological knowledge. "We want to build a nation imbued with modern and technological knowledge to make Bangladesh developed and prosperous," she said while inaugurating newly constructed Rangpur Divisional Headquarters complex building. The
Govt plans generating more 2,883 MW power in next 6 yrs
The government has adopted a year-based plan to generate more 2,883 megawatt (MW) electricity by the next six years, an official said. “Activities are being carried out in accordance with the plant for generation of 2,883 MW power through both public and private initiatives,” the official familiar with the process told
DSA being used against opposition, dissidents: BNP
Govt considers metro-rail projects also for other cities
The government considers designing and undertaking metro-rail projects for Chattogram and other major cities having larger airports as done in Dhaka. The issue for metro-rail projects for other large cities was discussed at a meeting of the Executive Committee of the National Economic Council (Ecnec) held virtually with Ecnec Chairperson and
Govt preparing national chemical guidelines
The Ministry of Commerce is preparing a National Chemical Management Guidelines for the textile and garments industry of Bangladesh. The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the Government of the Federal Republic of Germany is helping the commerce ministry to develop the guideline. A consultation session was organised
Govt raises cash incentive to 2.5pc on sending remittance
The government has decided to increase the cash incentive on sending remittance to 2.5 percent from the existing 2 percent in order to encourage sending remittances through legal channels. The decision, which came into effect from Saturday, is expected to improve the overall living standards of common people, boosting the foreign
Govt to build labour institute to increase production
The government has taken initiatives to set up an international standard 'Bangabandhu National Labor Institute' aiming to increase the industrial production of the country. The institute will be constructed between January 2022 and 2024 at the site of the current industrial relations academy (Shilpa Somporko Shikkhayoton) in Tongi, outskirts of the
Govt rejects Alesha Mart’s plea for 300C BB loan
The Commerce Ministry has refused to provide any kind of support to controversial e-commerce platform Alesha Mart to secure a Tk300 crore loan from Bangladesh Bank. In a letter sent to the platform’s managing director Manjur Alam Sikder on December 15, the ministry instead advised them to apply directly to the