Dhaka, July 11 -- The Active Pharmaceutical Ingredients (API) industrial park is finally taking shape in Bangladesh more than a decade after the scheme was taken up by the government to facilitate a steady supply of raw materials of drugs and reduce import dependency.

Construction work of API Industrial Park at Gazaria in Munshiganj is progressing fast. The government has already handed over all the plots in the industrial park to the drug makers.

Some foreign partners invited by local drug makers have already visited the API plots. The BAPI (Bangladesh Association of Pharmaceutical Industries) members have planned to make the best use of the park as separate companies are expected to produce different types of drug raw materials.

At p...