The preliminary draft of the ‘National Industrial Policy 2015’ has been formulated with a target of increasing the stake of the industrial sector to 40 percent from 28 percent of the national economy.

The draft has been prepared based on the conordinated reports of three sub-committees formed by the Industries Ministry. And the final draft of the industrial policy will be formulated soon after holding discussions with the stake holders.
 
This was informed at the second meeting of the Executive Committee of National Council for Industrial Development (ECNCID) held on Sunday with Industries Minister Amir Hossain Amu in the chair.

 A work plan prepared by the SME Foundation for the development of the country's small and medium scale industries was also placed in the ECNCID meeting.

The meeting was also informed that  some 100 Small and Medium Enterprise Clusters (SME Clusters) will be set up in different areas  across the country in the next three years and all the clusters will be brought under SME loan assistance.

Logical use of lands for industrial expansion was also came up in the meeting for discusion.

In view of demarcating lands for setting up of industrial enterprises across the country, the meeting has decided to form an inter-ministerial committee with the ministries of industries, land, agriculture, environment and forest, and energy and mineral resources.

Industries Secretary Mohammad Moinuddin Abdullah, Agriculture Secretary SM Nazmul Islam and ICT Division acting Secretary Shyam Sundar Sikdar attended the meeting.

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