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Parliamentary committee asks Pragati Industries to explore joint-venture EV production

A parliamentary committee has asked state-owned vehicle assembler Pragati Industries Limited to examine whether electric vehicles could be produced in the country through joint investment, according to Prothom Alo. The committee also asked for specific proposals and a presentation on the matter at its next meeting.

The instruction came at a meeting of the parliamentary standing committee on government institutions held at the Jatiya Sangsad Bhaban, and was announced in a press release from the parliament secretariat. The move is meant to be consistent with the government's electric vehicle policy.

What else the committee discussed

The meeting reviewed the financial condition, profit and loss, reopening of closed industrial units and future development plans of entities under the Bangladesh Steel and Engineering Corporation (BSEC), the Bangladesh Sugar and Food Industries Corporation (BSFIC) and the Bangladesh Small and Cottage Industries Corporation (BISIC).

  • The committee recommended unit-specific action plans to identify the causes of losses at BSEC industries and reduce them.
  • It stressed resolving ownership and litigation complications at units that have long been shut, making proper use of unused land and assets, and assessing the chances of restarting them.
  • On BSFIC, it discussed reopening closed sugar mills, raising sugarcane production and encouraging farmers to grow sugarcane, with emphasis on increasing mills' production capacity and reducing dependence on imports because domestic output falls short of demand.
  • On BISIC, it asked for a detailed report at the next meeting identifying the problems and causes at industrial plots in its 84 industrial cities where production has stopped or is not running at the desired level.

The committee is chaired by Chief Whip Nurul Islam Monir. Whips Mia Nuruddin Ahmed Apu and Md Akhtaruzzaman Mia, and members Mosammat Tahsina Rushdir, Khandaker Abu Ashfaq, Mohammad Kaisar Ahmed, Biswas Jahangir Alam, Mustafizur Rahman Bhuiyan and Mohammad Kamal Hossain also took part.

Sources: Prothom Alo (Bangla)

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