More fund for research sought
The Ministry of Industries (MoI) Monday held a meeting aiming to finalise the national white biotechnology policy guideline and do more research work in this sector.
The meeting was presided over by MoI Additional Secretary (AS) Farhad Uddin in presence of members of committee for preparation of industrial biotechnology policy guideline and action plan.
In the meeting the MoI AS directed officials concerned to speed up necessary activities for finalisation of the white biotechnology policy guideline and engage experts in making the final policy.
He said as industrial biotechnology is a knowledge-based product and the world is advancing towards high technology, so Bangladesh should not lag behind in diversification of manufacturing.
Among others, BSCIC Additional Secretary Jahangir Hossain, MoI Deputy Secretary Tapan Kumar Nath, Chairman of Bangla Chemical MA Siddiqui and Abdul Majid Ahmad of Majid Consultancy Limited were present in the meeting.
The speakers in the meeting had discussion on acceleration of industrial biotechnology in the country and also on steps needed to be taken by the government for more research and development.
MA Siddiqui said as the businesspeople are not still aware about the concept and there is a lack of experts in industrial biotechnology, it is unlikely that the entrepreneurs will invest their money in the sector now.
The MoI took the initiative to manufacture industrial biotechnology-based products aiming to be competitive among such products across the world.
It has so far advanced a lot and there are a five-year action plan and a policy draft prepared by them. The officials in the meeting insisted on raising more fund in the national budget in connection with research and development in the sector.
But despite approval of the Five-Year Action Plan on Industrial Biotechnology by the National Task-force on Biotechnology of Bangladesh (NTBB) under the Prime Minister's Office last year, it has made little headway so far.
Under the Five-Year Action Plan, the MoI has identified products like bio fuel, bio mass, food, beverages and feed processing, nano-biotechnology, marine biotechnology, bioplastic, industrial enzymes, bio fertiliser, eco fertiliser and others under white biotechnology.