The Bangladesh National Logistics Policy is set to be fianlised within a month, said Mohammad Yousuf, Senior Secretary of the Ministry of Shipping on Sunday.
“We hope to finalise the policy within a month,” he told a roundtable at a Dhaka city hotel on Sunday. The event, titled “Challenges, Opportunities, and Way Forward in Shipping & Logistics Landscape”, was organised by The Financial Express.
Mr Yusuf, the chief guest of the event, also noted that a decision has been taken to establish a logistics hub in Chattogram, integrating road and rail links.
The senior secretary warned of Bangladesh’s weak FDI inflows. “In 2023, we attracted only $3 billion, while India drew $40 billion and Vietnam $18 billion,” he said.
He added that the profits earned by foreign investors were not being reinvested in Bangladesh but rather being repatriated.
Md Mamun Habib, Professor, Independent University, Bangladesh, delivered the keynote address.
Dr Ahmed Ullah, Director General, Chief Adviser’s Office, also spoke at the event, attending as the special guest.