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Govt to build permanent trade fair centre

BSS, Dhaka
All is set to construct a permanent complex to hold international trade and other fairs in Dhaka as an agreement has been signed with China to build infrastructure at a cost ofTk 265 crore.
Commerce Minister Faruk Khan said on Monday the permanent venue would be built near the National Parade Square, opposite Bangabandhu International Conference Centre, to hold all big events.
China has agreed to provide Tk 210 crore while the government will bear the rest of the cost amounting to Tk 55 crore.
The minister was speaking at a press conference ahead of the launch of the 15th Dhaka International Trade Fair at Sher e Bangla Nagar in Dhaka.
Prime Minister Sheikh Hasina is scheduled to open the month-long fair on Saturday, organisers said.
People can visit the fair at a cost ofTk 15 every day from 10am to 10pm.
The structure will be built on 6.72 hectares in next three years from 2010, said an EPB official.
Faruk Khan said the government will have to spend a sizable amount each year to develop makeshift infra-structure and other facilities to hold DITF, biggest of its kind in the country, which aims to make consumers at home and abroad familiar with Bangladeshi products.
The trade fair in 2009 fetched about Tk 20 crore, but the organisers and the government expect higher export orders of Bangladesh products from international buyers this year as the global economic slowdown shows signs of recovery. "The fair faced declining export orders for the last three years, mainly due to global economic crisis. But things are expected to reverse at the beginning of 2010," said Khan.
"We will not tolerate poor service or any kind of forgery this year,” Khan warned.
The complaints include: serving low-quality food at high prices from restaurants at the fair and subsequent food poisoning, selling poor-quality products at brand shops and massive dust pollution.
The minister held a series of meetings with the organisers and law-enforcement agencies.
The fair will play host to 486 pavilions and stalls, including 28 from abroad. The government is expected to earn nearly Tk 5 crore from the fair ending on January 31.