SME loans to promote light engineering industry

Posted by BankInfo on Sat, Apr 02 2011 06:58 am

Bogra, agriculture based light engineering industry will be expanded through distribution of Small and Medium Enterprises (SME) loan programme said the Governor of Bangladesh Bank Dr. Atiur Rahman in Bogra at the Agriculture Based Light Engineering Machinery Displayed Fair.  The Fair was organised by Bangladesh Bank at the Central High School field.
In this fair more than hundred light engineering industries took part where they displayed their products.
After inaugurating the fair the governor took part in the “SME Loan Distributing and View Exchanging Conference” at Titumilotian in Edaward Park. In this conference he said that Bogra offers a bright future to the agriculture based light engineering industry.
Every year more than TK 500 corer worth productions are produced from here which comprises 80 per cent of the total productions of agriculture machineries in the country.
After fulfilling the demand of the country these products are exported to neighbouring countries such as India, Nepal, and Bhutan.
Currently the industry is marred by problems such as shortage of capital, accommodation, raw materials, skilled labours etc.

News: the independent/Bangladesh/ Apr-02-2011

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