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The Future of Agro Business

3 December 2006

Bangladesh is an overpopulated country of 140 million peoples. The poverty rate of this country is very high and beside the opportunity of job is also poor. The par capita income is nearly US$ 450. So we need to create some innovative sectors for boosting up the national economy. The poultry farm is one of those that can help us potentially and in an efficient way to link up the nutrition's economic gap in a faster rate then any other sector.

Lion Agro Complex Limited (LACL) commercially started its operation in June 2000 by Mr. Mirza Abdul Khaleque. During the talks he narrated the present situation that necessitated promotion of the poultry sector. Mr. Mirza Abdul Khaleque said, "If we manufactured quality feed locally, we could save our hand-earned foreign currency. For the high price of the feed, we cannot reduce the price of broiler chicks and eggs. Even the veterinary sector should be strong and the government should set up veterinary hospital in every union. Some times chickens died in epidemic inflicting a huge on farmer. If we can prevent the dieses, there should be a possibility to boost up this potential sector."

The production capacity of LACL is 48000 chicks per week. With few policy supports and further improvement in the enabling environment, the LACL chief said the poultry could play a vital role in removing the enormous unemployment problem of the country.

Investing only taka 50-60 thousand one can easily earn taka 8-10 thousand per month. However the poultry association should be more strengthened, bank interest should be eight to 10%, he suggested. "We are introducing a training centre on hatcheries from the next month." the LACL chief said.

He Said, "The overall scenario of this sector has been changing over the last 7-8 years and, after thirty years of the independence, we feel that our improvement is impressive in this sector. We should sustain it for a better tomorrow."

Demanding the government's active role, he said, "We need more awareness, reasonable feed price, and checking of smuggling of eggs and chicks into the country through the borders." Moreover, he added, the style discontent should be different in the country. "Economic activities must be kept beyond the purview of hartal and other similar political activities,"

 
     
 
 
 
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