Dhaka, Bangladesh (BBN) – The five-day National SME Fair 2013 began in the capital Dhaka on Tuesday aiming to promote the locally produced products by small and medium enterprises (SMEs) both in domestic and international markets.
Organizers and participants of the fair are hopeful about enhanced business opportunities for locally made products through greater buyers-sellers interaction.
Industries Minister Dilip Barua inaugurated the fair as chief guest while Monowara Hakim Ali, first vice president of Federation of Bangladesh Chambers of Commerce and Industry was present as special guest.
The SME Foundation has organized the exposition at Bangabandhu International Conference Centre.
“Lack of fund access as per requirement is one of the main problems of the SMEs and many of them can not dare to take loan due to high interest,” Dilip Barua said.
As a result many fail to flourish, he said emphasing on single digit interest especially for the SMEs.
He called on banks and financial institutions to provide loan to the SMES at a single digit rate to promote the sector which contribution in increasing at the national development.
BBN/SSR/AD-13Feb13-10:40 am (BST)