Firms of 13 countries to take part in DITF 2012

http://newagebd.com/newspaper1/business/40619.html

Firms of 13 countries to take part in DITF 2012
United News of Bangladesh. Dhaka

The month-long Dhaka International Trade Fair (DITF-2012) will begin in the capital on January 1 with the participation of 13 countries including host Bangladesh.

Prime minister Sheikh Hasina is expected to inaugurate the fair.

Export Promotion Bureau and the commerce ministry have been organising the DITF in the capital city since 1995.

EPB officials expressed the hope that earning would increase substantially from the DITF-2012 as most of the premier pavilions, mini pavilions and premier stalls are being awarded to the bidders through tender.

The EPB earned Tk 7.19 crore as profit and Tk 2.38 crore from entrance lease from the DITF-2010.

Highlighting the features of the upcoming trade fair, an official said that like the previous year, the organisers will keep a pavilion at the fair to project to the exhibitors both from home and abroad the economic strategy and long-term financial plan of inclusive growth that was visualised by the country’s founding president Sheikh Mujibur Rahman.

Besides, among other specialties, the walkways at the fair premises will be widened to 10 feet from 8 feet apart from landscaping at the VIP entrance and exit.

The official also said that parking capacity for the visitors to the fair will also be increased this time while the services of battalion police and battalion ansar have already been sought to ensure security. Besides, the number of CCTVs will also be increased for security reasons.

EPB deputy director Sayed Bealal Hossain said that some 53 premier pavilions, 36 mini pavilions, 50 premier stalls and 6 restaurants are being awarded to the bidders through tenders.

Besides, there will be 22 general pavilions and 8 general mini pavilions apart from 301 general stalls.

Participants and Product Selection Sub-Committee of the DITF-2012, with the President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) AK Azad as its convener, has almost completed the allocation of 301 stalls after scrutiny of the intending exhibitors, maintaining transparency and accountability in the selection process, informed the EPB deputy director.

There will be more meetings to award the rest of the general stalls, said Bealal.

He informed that in the pavilion category, the highest bid rose up to even Tk 31 lakh although the floor price was Tk 10 lakh.

The EPB deputy director, however, said the Bureau would float tender for the 3rd time in the entrance lease category as there was not very good response in the first two attempts.

Another EPB official said that 14 countries apart from Bangladesh had participated in the last DITF while this time 13 countries including Bangladesh are expected to take part in the fair.

The intending countries are Pakistan, India, China, Iran, UAE, Turkey, USA, Singapore, Thailand, Malaysia, Morocco, South Korea and Bangladesh. Participants from Malaysia, Japan and Saudi Arabia, which took part in the DITF last year, will not participate in the coming fair while Morocco is the new inclusion.

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