• Saturday, Feb 27, 2021
  • Last Update : 07:05 pm

Stronger private sector role sought to tap ocean resources

  • Published at 11:57 am March 19th, 2018
Stronger private sector role sought to tap ocean resources
Speakers at a business meeting in Dhaka have sought a stronger role from the private sector to explore vast opportunities that the blue economy offers. "I am hopeful that with your help and with your intention, we will be able to explore the vast opportunities that blue economy offers," Secretary (Maritime Affairs Unit) at the Ministry of Foreign Affairs Rear Admiral (Retd) Md Khurshed Alam said on Sunday. Today or tomorrow Bangladesh will benefit by utilizing ocean resources, he said adding: "We are not sitting idle. We are waiting for a bit as we are doing a joint study with the European Union.". He said the joint study began last year and hopes to get the outcome by middle or end of the year. "The joint study team is looking into all aspects including identification of resources," he said. Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) arranged the business luncheon meeting titled "Challenges of exploring the opportunities of Blue Economy in Bangladesh" at a city hotel. Malaysian High Commissioner in Dhaka Nur Ashikin Mohd. Taib and BMCCI President Syed Moazzam Hossain, among others, spoke in the program. The High Commissioner said the private sector should come forward and Bangladesh and Malaysia can work together to explore potentials of blue economy. "We are looking into how better we can use sea resources," said the high commissioner. She said blue economy has opened a new horizon for economic development of the coastal countries through utilizing sea and marine resources at national and international level. The High Commissioner said private sector in Bangladesh is gradually getting involved in public-private partnerships in sensitive economic sector such as blue economy. Estimates suggest some 30 million Bangladeshis directly depend on oceanic economic activities like fisheries and commercial transportation. Coastal and Island countries have remained at the forefront of this blue economy advocacy, recognizing that the oceans have a major role to play in humanity's future. Bangladesh, according to speakers, considers blue economy in the context of sustainable development and poverty eradication as one of the important tools available for achieving sustainable development. They emphasized that it should contribute to eradicating poverty as well as sustained economic growth, enhancing social inclusion, improving human welfare and creating opportunities for employment and decent work for all while maintaining the healthy functioning of the earth's ecosystem.
50
Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail