Finance Minister AHM Mustafa Kamal said on Sunday, many big companies resembling international standards will create large numbers of employment opportunities in the country.
The country has made huge progress in all sectors, he said, adding that we need to create many big industries for proper economic growth. The Finance Minister made the statement while inaugurating the first elevator factory of Bangladesh at Walton Hi-Tech Industries in Gazipur.
Finance Minister AHM Mustafa Kamal, Postal and Telecommunications Minister MostafaJabbar and State Minister for Information and Communication Technology Junaid Ahmed Palak were also present on the occasion. Finance Minister said that Walton has contributed to the country in many ways including creating huge employments in the country.
He expects, the company will create employment scopesfor almost one million people in the country in future. This company has won customers’ trust by creating quality products that have international standards, he said.
The Finance Minister said that the country has become independent under the leadership of Bangabandhu. However, Walton has announced as a private hi-tech park. An agreement has already been signed between the Bangladesh High-Tech Park Authority and Walton in this regard.
It is to be noted that Walton has been producing many electronic products including refrigerators, compressors, televisions, air conditioners, mobile phones, computers, laptops, home appliances, electric appliances etc. in the country. After meeting demands within the country, it has started exporting to other countries of the world.
The country has exported refrigerators to India and next month, mobile phones will be exported to the US. Now, Walton has set up a heavy industrial factory, such as elevators. The annual production capacity is 1,000 units. It will be upgraded to 2,000 units soon. With the opening of factories in the country, the sector will save huge amounts of foreign currency. Also, there will be no need to import elevators from abroad at high prices.
