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Published on August 26, 2015The Prime Minister said this while presiding over the second meeting of the National Council of Industrial Development (NCID) at her office.
Briefing reporters after the meeting, PM's Press Secretary Ihsanul Karim said different aspects of boosting of industrialisation and investments came up for discussion.
He said the meeting was informed that the Board of Investment (BoI) and Privatisation Commission would be merged for further increasing industrialisation and investment in the country.
Referring to the selling of unused land of closed public sector industries at a nominal price in the past, the Prime Minister said these lands would be used to set up industrial parks in the future.
"At present there is no need of big lands to set up a modern industry, rather it could be established on limited lands," she added.
Terming jute as an environment-friendly agricultural resource of the country, Sheikh Hasina said the government offered China to produce jute yarns in Bangladesh.
The Prime Minister also stressed the need for increasing the minimum ceiling of loan for micro-level industries from existing Taka five lakh.
Finance Minister A M A Muhith, Industries Minister Amir Hossain Amu, Agriculture Minister Matia Chowdhury, Jute Minister Emaj Uddin Pramanik, Environment and Forests Minister Anwar Hossain Manju, PM's Advisor Dr Moshiur Rahman, State Minister for Power, Energy and Mineral Resources Nasrul Hamid, Executive Chairman of Board of Investment (BoI) Dr SA Samad, Cabinet Secretary M Musharraf Hossain Bhuiyan, PM's Principal Secretary Md Abul Kalam Azad and Press Secretary Ihsanul Karim and secretaries concerned were present.