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The Financial Express

Budget for fiscal year 2022-2023

FBCCI unit to bring creative ideas into reality

| Updated: June 11, 2022 13:18:39


FBCCI unit to bring creative ideas into reality

The country's apex trade body, FBCCI, will set up a special unit called FBCCI Innovation Center that will act to convert creative ideas into reality.

While unveiling the national budget, finance minister AHM Mustafa Kamal said a bridging between the industry and the academia is essential for trade, investment and industrial development of Bangladesh.

Such connections can provide strategic direction for transforming creative thinking into innovation. Keeping the objective in mind, the FBCCI is going to establish the 'FBCCI Innovation Center'.

The main objective of the proposed innovation center will be "Connecting Ideas" that will help young people to bring their creative ideas into reality, he said.

The government has always given priority for exploring innovative thinking of the youth, and therefore, it will provide encouragement and necessary assistance in setting up this Innovation Center proposed by the FBCCI, according to the minister.

Businesses have long been demanding such unit so that the educational institutions can understand better about the demand of the industries and market and the institutions can upgrade their students accordingly.

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