Formation | 1972 |
---|---|
Headquarters | Dhaka, Bangladesh |
Region served | Bangladesh |
Official language | Bengali |
Website | www |
The Bangladesh Industrial Technical Assistance Center is an autonomous government body and research center that researches ways to improve industrial production and provide technical knowledge and is located in Dhaka, Bangladesh. [1] [2] It is part of a Bangladesh government strategy to support small middle enterprise. [3]
The Bangladesh Industrial Technical Assistance Center traces its origins to the Pakistan Industrial Technical Centre which was established through the merger of IRDC & PIPS in 1962. After the Independence of Bangladesh it was changed to Bangladesh Industrial Technical Assistance Center. [4]
The economy of Bangladesh is a major developing market economy. As the second-largest economy in South Asia, Bangladesh's economy is the 35th largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven. It has been transitioning from being a frontier market into an emerging market. Bangladesh is a member of the South Asian Free Trade Area and the World Trade Organization. In fiscal year 2021–2022, Bangladesh registered a GDP growth rate of 7.2% after the global pandemic. Bangladesh is one of the fastest growing economies in the world.
The Department for International Development (DFID) was a ministerial department of the Government of the United Kingdom, from 1997 to 2020. It was responsible for administering foreign aid.
BRAC is an international development organisation based in Bangladesh. In order to receive foreign donations, BRAC was subsequently registered under the NGO Affairs Bureau of the Government of Bangladesh. BRAC is the largest non-governmental development Organisation in the world, in terms of the number of employees as of September 2016. Established by Sir Fazle Hasan Abed in 1972 after the independence of Bangladesh, BRAC is present in all 64 districts of Bangladesh as well as 16 other countries in Asia, Africa, and the Americas.
Rajshahi University of Engineering & Technology, commonly known by the acronym RUET, is a PhD granting public engineering and technological research university in Rajshahi, Bangladesh. It specialises in the field of applied sciences, engineering, technology, architecture, and urban planning.
Bangladesh is a developing country with an impoverished banking system, particularly in terms of the services and customer care provided by the government run banks. In recent times, private banks are trying to imitate the banking structure of the more developed countries, but this attempt is often foiled by inexpert or politically motivated government policies executed by the central bank of Bangladesh, Bangladesh Bank. The outcome is a banking system fostering corruption and illegal monetary activities/laundering etc. by the politically powerful and criminals, while at the same time making the attainment of services or the performance of international transactions difficult for the ordinary citizens, students studying abroad or through distance learning, general customers etc.
Abul Maal Abdul Muhith was a Bangladeshi economist, writer, civil servant, secretary, diplomat and politician. He served as the finance minister of the government of Bangladesh from January 2009 until January 2019.
Ministry of Education, abbreviated as MoE, is the ministry responsible for secondary, vocational and tertiary education in Bangladesh. Primary education and mass literacy is the responsibility of the Ministry of Primary and Mass Education (MOPME). The Ministry of Education contains two divisions:
Bangladesh University of Textiles, commonly referred to as BUTEX, is a public university in Bangladesh, situated in Tejgaon, Dhaka. It is the only public university in Bangladesh to teach textile engineering. The institution established education which sustains the entrepreneurship and industrialisation in the RMG industry of Bangladesh.
The Rooppur Nuclear Power Plant (Bengali: রূপপুর পারমাণবিক বিদ্যুৎকেন্দ্র) is a 2.4 GWe nuclear power plant project in Bangladesh. The nuclear power plant is being constructed at Rooppur of Ishwardi upazila in Pabna District, on the bank of the river Padma, 87 miles (140 km) west of Dhaka. It will be the country's first nuclear power plant, and the first of the two units is expected to go into operation in 2024. The VVER-1200/523 Nuclear reactor and critical infrastructures are being built by the Russian Rosatom State Atomic Energy Corporation. In the main construction period, the total number of employees will reach 12,500, including 2,500 specialists from Russia. It is expected to generate around 15% of the country's electricity when completed.
The food industry is a rapidly growing sector in Bangladesh, employing a significant portion of the labor force in the country.
The South Asia Subregional Economic Cooperation (SASEC) Program, set up in 2001, brings together Bangladesh, Bhutan, India, Maldives, Myanmar, Nepal, and Sri Lanka in a project-based partnership to promote regional prosperity by improving cross-border connectivity, boosting trade among member countries, and strengthening regional economic cooperation. As of June 2020, SASEC countries have implemented 61 regional projects worth over $13 billion in the energy, transport, trade facilitation, economic corridor development, and information and communications technology (ICT) sectors. The Manila, Philippines-based Asian Development Bank (ADB) serves as the Secretariat for the SASEC member countries.
The Ministry of Industries is primarily responsible for developing new policies and strategies for promotion, expansion and sustainable development of Industrial sector of Bangladesh. The minister as of January 2019 was Nurul Majid Mahmud Humayun.
Bangladesh Petroleum Institute (BPI) is an autonomous national research institute that carries out research on hydrocarbon and provide technical assistance to organizations in the petroleum industry and is located in Uttara, Dhaka, Bangladesh.
The Roads and Highways Department is an agency of the Government of Bangladesh responsible for the construction and maintenance of highways and bridges across Bangladesh. The department is a subsidiary of the Road Transport and Highways Division, a division of the Ministry of Road Transport and Bridges.
The Bangladesh Hydrocarbon Unit is a government agency in the Ministry of Power, Energy and Mineral Resources responsible for providing the government of Bangladesh technical recommendation on the extraction of hydrocarbon resources and is located in Dhaka, Bangladesh. It carries out research on the gas and petroleum reserves of Bangladesh.
Directorate of Technical Education is a Bangladesh government Directorate under the Ministry of Education responsible for the development, expansion and research in the field of technical education in Bangladesh. Md. Sanowar Hossain is the Director General of the Directorate of Technical Education.
Dragoș Pîslaru is a Romanian economist and politician of REPER who has been serving as a Member of the European Parliament since 2019. He was previously a member of USR PLUS/USR. He also held the position of Minister of Labor, Family, Social Protection and the Elderly in the government of Prime Minister Dacian Cioloș from 18 April 2016, until 4 January 2017.
Bangladesh Municipal Development Fund is a Bangladesh government fund that provides funding for development and civil work to local government in urban areas of Bangladesh.
Bangladesh Blade Factory Limited is a Bangladesh government owned company, under the Bangladesh Steel and Engineering Corporation, that manufactures razor blades. Md. Touhiduzzaman is the managing director.
Canada is one of the original members of the International Monetary Fund, having joined it on December 27, 1945. It has a quota of 11,023.9 million SDRs and 11,698 votes, 2.31% of the total IMF quota and votes, ranking the 9th of all. Canada has been represented on the IMF Board of Governors by Minister of Finance Chrystia Freeland since 2020. Canada elects an executive director on the fund's Executive Board with Antigua and Barbuda, Barbados, Ireland, Bahamas, Belize, Dominica, Grenada, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. Philip John Jennings is the elected alternate director. Canada is the only G7 country that represents both lenders and borrowers at the IMF.