The Cabinet on Monday approved the draft of the “Motorcycle Industry Development Policy 2018” aiming at expanding the local motorcycle industry and to reduce import dependency. The approval was given at the Cabinet’s weekly meeting held at the Prime Minister's Office, with Prime Minister Sheikh Hasina in the chair, reports UNB. Briefing the reporters after the meeting, Cabinet Secretary Mohammad Shafiul Alam said that a target was set in the policy to produce 500,000 motorcycles by 2021 and one million by 2027. Meanwhile, the draft of Bangladesh Engineering Research Council Bill 2018 was also placed before the Cabinet for its approval in principal on Monday. The Cabinet on Monday also cleared the draft of Bangladesh Shishu Academy Bill 2018, Shaiful added.

Source: Dhaka Tribune September 10, 2018 12:33 UTC