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  • Khondaker Golam Moazzem

Inclusive Business in Bangladesh needs awareness and policy support

June 30, 2014

The promotion of the ‘inclusive business’ initiatives needs a well-defined conceptual framework to identify scope of work, a well-thought campaign strategy to raise awareness among the key stakeholders particularly the corporate sector and inclusion of support measures in the existing policy structures, said Dr Khondaker Golam Moazzem.

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As the keynote speaker, the Additonal Research Director of CPD was addressing a roundtable on “Inclusive Business in the context of Bangladesh: Prospects and Challenges,” on Sunday, 29 June 2014, orgnaised by Katalyst, a project under ministry of commerce and implemented by Swiss-contact and GIZ international services.

In his keynote, Dr Moazzem underscored that a consistent decline in the rate of poverty in Bangladesh has created opportunities for the poor and disadvantaged people to be engaged in the market more effectively with the support of the ‘inclusive business’ initiatives.

The event covered discussions on various aspects of inclusive business including its current status, challenges, prospects and roles of different stakeholders in the context of Bangladesh.

Mr Mahbub Ahmed, Senior Secretary, Ministry of Commerce attended the programme as the chief guest, while Mr Samuel Bon, CEO of Swiss-contact was the Special Guest and Mr Markus Ehmann, General Manager, Katalyst inaugurated the discussion.

Participants from different sectors and industries including, Lalteer, Petrochem, Nestle, Ispahani, AC Nielsen, DFID, BIDS, Bangladesh Bank etc. discussed on the topic and what they are doing to practice and promote inclusive business in Bangladesh and how it is benefiting the poor in rural areas as well as bringing profits to their own concern, noted a report of the Daily Observer.

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