Light engineering sector contributes 3% to GDP
Bangladesh Engineering Industry Owners Association (BEIOA) President Md Abdur Razzak on Monday said that the contribution of the light engineering sector to the GDP is around three percent.
He made the remark while addressing a press conference on awareness escalating program about BEIOA-SEIP (Skills for Employment Investment Program) project to develop skills of light engineering sector workers.
He said, "The training courses under BEIOA-SEIP project would contribute to raising the production capacity and the quality of products. There are 4000 light engineering industries in the country at present, where around eight lakh employees are currently involved. The contribution of this sector to the GDP is around three percent."
Light engineering industry is one of the five potential sectors under the project, Razzak said, mentioning that this public-private partnership (PPP) program will fulfill the future demand of the skilled workforce in the sector. The training program will also facilitate the continuing efforts of building Bangladesh a middle income country; he added.
"BEIOA-SEIP project is aimed to fulfill the demand of trained workers, which is helping in increased export earnings," said Mohammad Jahid Hossain, Chief Co-ordinator of SEIP. Women, tribal and the underprivileged group are getting priority in the courses. "After successful completion, around 70 percent trainee will be provided job under the project," he added.
The Government along with Asian Development Bank (ADB) and the Switzerland Government are financing the project, which was launched for three years in 2015. The aim of the project is to train-up around 9000 persons under 8 courses including Master Craftsmanship.
Senior Vice President Abdur Rashid, Vice President Ashraf-Ibne-Nur, Secretary General Sabbir Ahmed of BEIOA and SEP Co-odinator Mohammad Enamul Haque Khan and Md Ohidul Islam were also present among others at the press conference.
Source: https://dailyasianage.com