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The Financial Express

Industries ministry implements record 63pc of ADP in first seven months of FY23


Industries ministry implements record 63pc of ADP in first seven months of FY23

With 63 per cent of execution record, the Ministry of Industries has surpassed the national rate in implementing the Annual Development Programme (ADP).

From July to January of the fiscal year 2022-23, the ministry was able to implement 63 per cent of the ADP, where the overall ADP implementation rate is less than 30 per cent, reports UNB.

The information was presented at a meeting held to review the implementation progress of projects included in the ADP, at the conference hall of the industries ministry on Sunday.

Industries Minister Nurul Majid Mahmud Humayun was the chief guest and State Minister for Industries Kamal Ahmed Majumder was the special guest at the review meeting chaired by Industries Secretary Zakia Sultana.

Relevant officials of the ministry, heads of various agencies and corporations under the ministry and various project managers were also present on the occasion.

The meeting was informed that there are a total of 33 projects in the annual development programme of the Ministry. Of these, 30 investment projects, two technical assistance projects and one self-financing are implemented in the current fiscal year.

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