Govt to cancel allocation of unused BSCIC industrial plots

New promising entrepreneurs to get reclaimed plots

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Economic Reporter :
The government has redoubled its efforts to reclaim the unused industrial plots to redistribute those to new but promising entrepreneurs for expediting activities of small and cottage industries at the grassroots level.
There are 74 industrial estates under the Bangladesh Small and Cottage Industries Corporation (BSCIC) in the country and there are ‘instances’ of misusing allocated plots. “There’re some allotted industrial plots where no industry has been set up,” a senior Industries Ministry official told The New Nation without giving the number of such plots.
Even, there is an instance that such industrial plot is being used for housing purposes violating the directives, the official said observing that many promising entrepreneurs are unable to establish industrial units for lack of industrial plots.
He said the government is working to cancel such industrial plots and will reallocate those among new but promising entrepreneurs.
Another official who was present at the recently held deputy commissioners’ conference said Industries Minister Amir Hossain Amu raised the issue and drew attention of the DCs to implement the government plan.
The government established BSCIC as the prime mover organisation in Bangladesh to support industrialisation process through creation of an entrepreneurial society. The Industries Minister directed the DCs to think of establishing planned industrial estates by utilising their respective district’s potential, another official said.
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