Local Logistic Companies Need Policy Support to Become Competitive

Local Logistic Companies Need Policy Support to Become Competitive

26th Jan, 2019

Despite equipment constraints, local logistic companies by using local  skilled human resources are providing admirable services to  infrastructure development of Bangladesh. Still the infrastructure  development companies prefer foreign companies in doing their works.  Hence for marginal profits, the local companies are forced to provide  their services as sub-contractors. Policy support of the government is  essential now for the growth of local logistic companies to be equipped  with modern, efficient equipment and getting the works as main  contractors. Chairman of local logistic company KN Harbour Rezaul Haq  Chowdhury Mushtaq raised the concern in an exclusive interview with EP  Editor Mollah Amzad Hosaain.

Perhaps the infrastructure development works in Bangladesh now  at its peak since independence. Alongside, the local logistics companies  were expected to grow efficient by this time as well. How do you  evaluate the status of support services in Bangladesh now? 

You are very correct. The local logistic service providers have not  developed simultaneously with the massive growth of infrastructure  development activities. The main reasons are lack of required government  support and non-availability of modern efficient equipment. But local  companies would not take much time in developing equipment capabilities  if the policy support is extended.