PMO, BUILD form committee for logistics infra dev

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Economic Reporter :
Prime Minister’s Office (PMO) and Business Initiative Leading Development (BUILD) have jointly formed a 7th thematic high-powered committee namely Logistics Infrastructure Development with an objectives to propose a strategy for logistic development in the country.
The committee formed as the 1st meeting of Logistics Infrastructure Development Working Committee (LIDWC), co-chaired by Md Tofazzel Hossain Miah, Secretary, Prime Minister’s Office and Abul Kasem Khan, Chairperson of BUILD recently.
In the meeting 13 representatives from different concerned ministries and government agencies related to the logistics and infrastructure sector in Bangladesh, presidents of leading private sector associations, development partners and academia were present as the members of the committee.
This committee will work to “Provide ‘Data-Driven, Fact & Research Based Policy Advocacy’ to the Government of Bangladesh to achieve ‘Targeted Macro Economic Indicators of Perspective Plan 2021-2041’ by taking initiatives to establish ‘Efficient & Responsive Logistics Infrastructure System’ as the Competitive Advantage.”
Md Tofazzel Hossain Miah said that there is a huge gap between the understanding of public and private sector while huge development programme has been taken up by the government, the committee will help reducing the understanding gaps.
“By the year 2022-23 number new projects will be coming, we need a better institutional arrangement for this job. He emphasized for an action plan as proposed in the BUILD presentation agreed to request Ministry of Industries to recognise logistics as a priority project,” he added.
Abul Kasem Khan, Chairperson of BUILD said that this working committee is a good example of public private dialogue platform. Top priority has to be given on infrastructure and logistics development in the country.
Six to seven percent of GDP will be required for infrastructure development of the country. This working committee following concrete objectives can contribute a lot regarding the logistics and infrastructure development in the country, added Abul Kasem.

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