National logistics committee demands simplified policies

The National Logistics Development Coordination Committee (NLDCC) today urged the government to simplify the existing policy framework for the logistics sector to achieve national growth target, strengthen capacity in trade and investment for reducing the cost of business.

Bangladesh cannot fall behind while other South and Southeast Asian countries are taking the lead in extending logistics support and already have set out policies and strategies, the NLDCC members said.

They spoke at a meeting with the government officials held at the Prime Minister's Office in Dhaka.

The committee stressed the need for reducing the costs of logistics, setting out plans rightly and acting accordingly so that costs can be reduced gradually, according to a statement from the Business Initiative Leading Development (BUILD), a public private dialogue platform.

Most of the members of the BUILD are also the members of the NLDCC.