Next steps
Government Watch
Source: BDPolicyLab Watch record and cited public sourcesAs of 2026-07-05
The Ministry of Industries is focused on revitalizing the stagnant, loss-making state-owned industrial sector by attracting private and foreign investment while streamlining the regulatory environment to improve the ease of doing business.
Government Order issued for foreign training/participation of an official from the SME Foundation.
Government Order issued for officials of the Bangladesh Ship Recycling Board to attend a Basel Convention working group in Geneva.
Minister Khandaker Abdul Muktadir stated in Parliament that there are no plans to establish new state-owned jute mills, favoring private sector participation.
Minister is Khandaker Abdul Muktadir (NOT Khandaker Mosharraf -- that name refers to a different politician). Muktadir holds three combined portfolios: Industries, Commerce, and Textiles and Jute. Sworn in 2026-02-17 as part of the Tarique Rahman cabinet. Annual budget figure not broken out in publicly available FY2025-26 documents; left null rather than guessing. Ministry oversees BCIC, BSCIC, BSFIC, BSEC, BITAC, BIM, DPDT, NPO, BAB, SMEF, SMCIF. Ministry established 1971 following independence; BSCIC reconstituted from East Pakistan Small Industries Corporation in 1972. Legal basis includes The Development of Industries (Government Control) Act, 1949 (inherited). Logistics cost of 16% of GDP highlighted by minister as critical competitiveness gap vs 10% global benchmark.
Prime Minister Tarique Rahman held a meeting with industrialists to discuss attracting investment into closed state-owned factories.
Government Order issued for a BSTI official to participate in an ISO meeting in Paris.
Minister Muktadir announced plans to reduce business start-up time from 355 days to 14 days to improve the investment climate.
Procurement notice issued for printing and stationery materials for Renwick, Jajneswar & Co. (BD) Ltd (under BSFIC).
Prime Minister Tarique Rahman directed officials to expedite the reopening of closed state-owned factories through transparent investment processes.
Source: 15 primary source linksAs of 2026-07-05