DHAKA, Dec. 10 (Xinhua) -- The Bangladeshi government is going to announce Industry Policy-2009 allowing privatization of state-owned enterprises with strong support for flourishing a vibrant private sector in the country.
Industries Minister Dilip Barua Thursday described the salient features of the freshly formulated policy for the sector as its final draft is ready, the private news agency UNB reported.
"The government will provide all-out support for accelerating the privatization process to ensure profit by improving management and creating alternative job opportunities for the workers," he said in a briefing on the draft Industry Policy-2009 in Dhaka.
However, Barua said the profitable state-owned enterprises would not be privatized.
Meanwhile, the industry policy is in the final stage of getting approval from the Executive Committee of the National Economic Council before its announcement.
About the finalization of the draft policy, the industries minister said it would get the final shape by early next month (January 2010).
He said the fresh industry policy would be made as an environment-friendly policy to manage the adverse impacts of climate change.
Under the policy, the government would provide special package for setting up environment-friendly industries and waste-neutralization industries, Barua said.
The industries minister said the policy also gives importance to special economic zone building and protection of investment.
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