The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved 10 projects worth Tk 4,621.34 crore including a special project to create skilled human resources.
The approval came at the ECNEC meeting with ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair.
The Prime Minister attended the meeting virtually from her official Ganabhaban residence while ministers, state ministers, Planning Commission members and secretaries concerned were connected from the NEC Conference Room in the city's Sher-e-Bangla Nagar area.
Briefing reporters after the meeting, Planning Minister MA Mannan said that a total of 10 projects were approved involving an overall estimated cost of Tk 4,621.34 crore.
“Of the total project cost, Tk 3,055.21 crore will come from the government while Tk 1,566.13 crore as project assistance,” he added.
Among the approved 10 projects, five are new while five others are revised ones.
The two projects under Industries Ministry are 'Establishment of Six Bangladesh Industrial Technical Assistance Center (BITAC) in Gopalganj, Sunamganj, Barishal, Rangpur, Jamalpur and Jashore districts' at a cost of Tk 1,132.61 crore and 'Establishment of Urea Formaldehyde-85 (UF-85) plant' at Tk 724.30 crore.
If the project is implemented, self-employment opportunities will be created through the creation of trained people in the industrial sector.
In addition, technical workers will be created for international and local industries, and suitable infrastructure will be built to provide modern technical training to young women and men trainees in remote areas.
At the same time, the concerned people are hoping that technical training activities will be conducted for the entrepreneurs to ensure the availability of skilled manpower at the local level.
The project will be implemented by Bangladesh Industrial Technical Assistance Center (BITAC) by June 2025.
The project proposal states that the building construction and furniture, engineering, training and other equipment will be procured for 6 regional centers of BITAC. Technical training for men and women will be imparted through 6 regional centers.
Accommodation will be provided for 6,144 women and 6,144 men in a total of 12,288 trainees in 6 centers every year. Through the construction of the workshop, effective training and import of spare parts will be made.
The other approved projects include two each under the Agriculture Ministry and Industries Ministry and one each of Water Resources Ministry, Defense Ministry, Environment, Forest and Climate Change Ministry, Post and Telecommunication Division; Road, Transport and Highways Division and Security Service Division.