Turkey keen to help develop Bangladesh’s SME sector
The industries minister welcomed the offer, and said there is an opportunity to expand trade between Dhaka and Ankara
Ankara is interested in working with Dhaka for the development of Bangladesh's small and medium enterprise (SME) sector, said Turkish Ambassador Mustafa Osman Turan.
"Turkey has a long experience in the SME industry. By using that experience, industrial entrepreneurs from both the countries can be benefitted," he added.
The envoy said this in a virtual meeting with Industries Minister Nurul Majid Mahmud Humayun on Thursday.
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They discussed various issues of mutual interest, including Turkey's investment in Bangladesh's emerging industries, development of quality infrastructure, exchange of business delegations, identifying areas for bilateral communication and collaboration between SME entrepreneurs on digital platforms.
The industries minister welcomed Turkey's offer of cooperation in the development of the SME sector in Bangladesh, and said there is an opportunity to expand trade between Dhaka and Ankara.
"By developing the SME sector through bilateral initiatives, it is possible to make the best of this opportunity," he added.
Nurul Majid said the government has already formulated a national SME policy to build a sustainable and technology-based SME sector.
"Under this policy, various facilities such as loan facilities, training, marketing, product diversification, establishment of market linkages are being provided to entrepreneurs," he added.
A proper utilisation of existing potential in the industrial sector could contribute to economic prosperity for both of the countries, he argued.
The industries minister told the ambassador that necessary steps will be taken in this regard through the SME Foundation.
He added that the industries ministry will extend all possible assistance to Turkey in implementing any positive proposal for the development of the SME sector.
