Formulating policy to promote local entrepreneurs essential

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Experts at a virtual seminar called for formulating a policy to promote local entrepreneurs in power and energy sectors.
“Unless own resources and manpower can be used in mega projects, the shortage of skilled people in operation and maintenance will persist,” BUET Professor M Tamim told the virtual seminar, said a press release. Energy and Power Magazine arranged the seminar titled “Challenges and Possibility of Utilizing Resources in Infrastructure Development. Energy and Power Magazine Editor Molla Amzad moderated the seminar. M Tamim said local entrepreneurs should be given protection side by side with the international contractors. Otherwise, they (local contractors) will not be able to compete in the sector by giving 35 percent duty.
He said skilled manpower will increase if joint venture initiatives can be done in appointing foreign contractors in development works of the sector.
Among others, power division additional secretary Sheikh Faizul Amin, Chairman of Max Group Engineer Ghulam Mohammad Alamgir, Chairman of Energypack Power Generation Company Engineer Rabiul Alam and Dipan Group Director GSM Shamsuzzoha Nasim spoke on the occasion.

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