Boosting capital market
It is known to people concerned that the capital market in Bangladesh has been developing rapidly but is suffering from tremendous short supply of stocks to invest. In addition to that in principle the government has accepted the policy of private, public partnership (PPP) to accelerate economic development. A mentionable amount has been allocated for PPP in the current national budget but even with the passing of nine months, the government could not make any investment. The government can address the problem by converting the Progoti Industries into a public limited company (PLC) and dispose of a portion of shares to public.
The Progoti Industries should be converted into a public limited company to boost its performance.
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