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MCCI holds announcement ceremony for 5-year trade license registration

MCCI holds announcement ceremony for 5-year trade license registration

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) on Monday (Sep 4) held a formal ceremony at its Motijheel office to unveil the new 5-year trade license registration and renewal policy. The event was graced by the chief guest, Barrister Sheikh Fazle Noor Taposh, the honorable Mayor of Dhaka South City Corporation (DSCC).

MCCI President Md. Saiful Islam warmly welcomed the Mayor, commending him for fulfilling the commitment he had made in August 2022 to consider MCCI's request for the extended license period. Mr. Islam emphasized Bangladesh's impressive development, citing new infrastructure projects like the metro rail and elevated expressway. He also noted the country's resilience in navigating global challenges, including the Covid-19 pandemic and the Russia-Ukraine conflict. The President expressed gratitude towards the Mayor and the Government for fostering a stable political, social, and economic environment, thereby enhancing the ease of doing business in Bangladesh. He closed by urging all stakeholders to support such initiatives and reaffirmed MCCI’s dedication to similar efforts.

Barrister Sheikh Fazle Noor Taposh lauded MCCI's advocacy for the 5-year license scheme and its successful presentation to the DSCC. He encouraged all present to disseminate this information and avail themselves of the new facility. Mayor Taposh also outlined Bangladesh's future development goals, stressing the critical role of both soft and hard infrastructure. He shared plans to relocate chemical factories in Old Dhaka, designate specific industrial zones, and oversee proper urban development. His vision aims to make Old Dhaka and other areas under DSCC jurisdiction attractive destinations for both tourists and businesses.

Following the speeches, the Mayor officially announced the 5-year registration and renewal period for trade licenses in Dhaka South City Corporation to be in effect.

An interactive session was also part of the program, during which attendees discussed topics such as organizing trade license fairs targeted at women, regional, and zonal entrepreneurs, fortifying DSCC's online certification platform against cyber threats, and the ongoing maintenance and monitoring of newly-built infrastructure.

The event saw participation from various sectors, including representatives of the business community, DSCC, and the media.