Underlining that after Bangladesh’s graduation from the LDCs in 2026, the SME sector will have to embrace the growing challenges of the fourth industrial revolution (4IR) to be competitive in the international market, Dhaka Chamber of Commerce and Industry (DCCI) President Rizwan Rahman maintained technology transfer was no longer a choice, but a necessity.
According to media reports, the DCCI President made this observation at a meeting with a delegation from the United Nations Technology Bank for Least Developed Countries recently even as he said that the UN Technology Bank can play a vital role to promote technology transfer to make Bangladesh’s manufacturing sector more productive while also requesting the UN Technology Bank to help the country’s SME sector to enhance their capacity development to cope with the growing challenges of the 4IR.
Meanwhile, Joshua Setipa, Managing Director of the UN Technology Bank for LDC, who led the delegation in the meeting, on his part, reportedly, stated they can identify sector wise technology requirements and will facilitate the technology adoption for the SMEs of Bangladesh to make them technologically advanced while also underlining that that the role of UN Technology Bank is to promote technology transfer, train up professionals and workers.
