Bangladesh, July 20 -- It indeed appears strange that despite scarcity of land for industrial use, nearly 1,000 industrial plots of Bangladesh Small and Cottage Industries Corporation (BSCIC) are lying idle despite high demand among local and foreign investors. A news story in this newspaper, quoting a recent study, says over 22 per cent of industrial plots allocated to entrepreneurs in BSCIC industrial estates across the country remain unused. According to the study conducted by the Bangladesh Institute of Development Studies (BIDS), scarce use of plots is the result of several factors including weakness in enforcement of rules and regulations, problems with the selection process of entrepreneurs and infrastructural bottlenecks.
General i...