The American Chamber of Commerce in Bangladesh (AmCham) held a discussion on “Draft National Logistics Policy” on Tuesday in the capital.
Syed Ershad Ahmed, president of the AmCham chaired the session while Kabir Ahmed, president of BAFFA, Masrur Reaz chairman of Policy Exchange of Bangladesh, Mohiuddin Abdul Kadir, president of FCILT, Naquib Khan, Supply Chain Director of Nestle, and John Fay, commercial counselor of the US Embassy of Dhaka, partook as the discussant.
AmCham conducts periodic dialogue to understand the local market, advocate for favorable policies, serve our member businesses, provide business insights, foster partnerships, and support economic development in Bangladesh, said a press release.
The National Logistics Policy is a comprehensive framework established by the government to optimize and streamline logistics operations across various sectors.
The statement also stated that this policy aims to enhance the efficiency, cost-effectiveness, and competitiveness of the logistics industry by promoting best practices, infrastructure development, technology adoption, and skill enhancement among stakeholders.
Through collaboration with industry players, policymakers, and regulatory bodies, this policy sets a roadmap for transforming Bangladesh into a global logistics hub while ensuring sustainability and compliance with international standards.
M Masrur Reaz emphasized the key points of the draft policy, expressing gratitude to the Bangladesh Government and all contributors involved.
The participants unanimously praised the policy's robust framework and comprehensive approach, with only a few minor areas for potential refinement.
Proper coordination among the regulatory bodies, effective collaboration between Govt. and Private sectors for better performance, development of user-friendly policies for faster customs clearance, proper risk management in the entire supply chain, the necessity of having skilled human resources in the logistics sector, and the importance of having a national logistics index were some of the issues discussed.
AmCham members from the logistics sector, Presidents of different supply chain institutes and associations, industry experts and leading researchers joined the discussion.
