Prime Minister Sheikh Hasina inaugurated the 25th Dhaka International Trade Fair (DITF), announcing the “Light Engineering” as the “Product of the Year” for 2020, reports BSS.
“As a part of export policy, we are declaring “Light Engineering” as the product of 2020 aimed at encouraging the product based export while we are calling for more investment,” she said.
The premier made the remarks while opening the month-long DITF-2020 jointly organised by Commerce Ministry and Export Promotion Bureau at Bangabandhu International Conference Centre (BICC) in Dhaka.
She simultaneously stressed the need for taking appropriate measures to strengthen the light engineering sector and help explore its export potential.
The prime minister said that the light engineering products such as bicycle, motorcycle, automobile, auto-parts, electric and electronics, accumulator battery, solar photovoltaic module and toys have the potential of attracting more investment.
She said they have earlier given importance on leather and leather goods, jute and jute goods and other products, adding, “But, this year we are giving importance on the light engineering as it has also huge potential of attracting investment.”
The premier opened the trade fair by cutting ribbon to formally begin it on around 26 acres of land at Sher-e-Bangla Nagar in the city.
She later visited different stalls and pavilion including the “Bangabandhu Pavilion” installed at the venue for presenting the life and works of Father of the Nation Bangabandhu Sheikh Mujibur Rahman marking the celebration of Bangabandhu’s birth centenary.
Around 483 stalls and pavilions, including premium, foreign and mini foreign pavilions, have been set up in the fair venue.
The fair will be open to visitors from 10:00am to 9:30pm. The entry fee for adults is Tk 40 and Tk 20 for minors.
Traders from over 21 countries, including India, Bhutan, Pakistan, China, the United States, the United Kingdom, Nepal, Japan, Australia, Germany, Hong Kong and Arab Emirates are taking part in the fair.
