Meanwhile, infrastructure deficits and utility (power and gas) supply problems were undermining the performance of the manufacturing sector from July to December of 2018. MCCI made the observation in its “Economic Situation in Bangladesh” review for the second quarter of 2018-19. Analyzing the performance of the country's manufacturing sector, the trade body said infrastructural inadequacy and lack of proper utility services hindered the manufacturing sector. “Infrastructure deficits and gas and power supply problems were undermining the performance of the manufacturing sector,” said the chamber in the review. Challenges need to be addressedThe MCCI urged the government to take into consideration the external and internal factors for sustaining investment and economic growth.
Source: Dhaka Tribune February 25, 2019 16:18 UTC