Contribution of SMEs to industrial employment is over 80pc: Study

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Business Desk :
More than 98 percent of the total business enterprises in Bangladesh are SMEs and their contribution is 80 to 85 percent in the country’s industrial employment, according to a research.
According to the research, among the SME enterprises, over 84 percent SMEs are located in villages while more than 80 percent are cottage industries.
SME Foundation conducted the research, titled ‘Development of SMEs in Bangladesh: Lessons from German Experiences’. The study was supported by the German organization Friedrich-Ebert-Stiftung (FES) Bangladesh.
Prime Minister’s Adviser on International Affairs Dr Gowher Rizvi was the chief guest at the research publishing function while SME Foundation Chairperson Dr Md Masudur Rahman presided over the virtual event.
Bangladesh Ambassador to Germany Mosharraf Hossain Bhuiyan and German Ambassador to Bangladesh Peter Fahrenholtz were special guests.
Managing Director of the SME Foundation Md Shafiqul Islam and Resident Representative of FES Tina Bloom, among others, spoke on the occasion.
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