Page 11 - Chemexcil NEWS August - September 2017 for web

EXPORT STRATEGY- BANGLADESH

INTRODUCTION OF CHEMICAL INDUSTRY IN products like Urea, TSP (Tri Sodium Phosphate),
BANGLADESH DAP (Diammonium Phosphate), Paper, Cement,
Glass sheet, Hardboard, Sanitary ware & Insulator
As Bangladesh is a developing country and was etc.
independent in 1971 so there are few chemical
industries in Bangladesh. Aim and Objectives of Bangladesh Chemical
Industries Corporation
Most of the industries were developed in Pakistan
period and after independence these industries The basic objective of BCIC is to help building the
were owned by the government of Bangladesh. National Economy through:
Besides these industries, several type of chemical
industries were developed in Bangladesh under • Implementation of industrial policy to develop
the government sector, Public sector and Private socio-economic condition.
sector.
• Developing socio-economic infrastructures.
Below categories of chemical industries are
present in Bangladesh. • Ensuring operation of the enterprises at the
optimum level of efficiency and productivity.
1. Fertilizer industry
• Making available import substitute and
2. Cement Industry quality products at reasonable prices

3. Glass industry • Achieving the country towards food autarky
by producing and supplying agricultural
4. Hard board Industry inputs at door steps of the people all over the
country.
5. Sanitary ware and insulator industry
• Earning Foreign exchange through export
6. Oil refining industries of surplus industrial products after meeting
domestic demand.
7. Paper industry
• Extending necessary Techno-Financial
8. Pharmaceutical industry assistance to both local and Foreign
Entrepreneurs and establishing new
9. Leather industry industries as Joint Venture in Chemical and
allied sectors and making optimum use of the
Bangladesh Chemical Industries Corporation natural and human resources of the country.
(BCIC) (http://www.bcic.gov.bd/) is a fully owned
by the Government, was established in July, 1976 Garment/Textile Industry: The Textile industry
by a presidential Order. The Corporation is now of the country remains the strongest root
managing 13 large and medium size industrial of its economy, with 76% contribution in its
enterprises engaged in producing a wide range of

9 August-September-2017