Tax breaks for fish processing: minister

Bangladesh Fisheries Development Corporation (BFDC) is establishing a world-class dry fish processing industry in Cox's Bazar, said Fisheries and Livestock Minister SM Rezaul Karim yesterday.

The government will extend tax exemption benefits to the businesses that will import machinery or take initiatives to set up such industries in the country, he said.

The minister made the comments during the inauguration of the construction work of the office building for the dry fish processing unit being implemented by the BFDC in the beach town.

The prime minister is working relentlessly for the development of all the people and the government is taking numerous initiatives for the modernisation of Cox's Bazar, he said.

BFDC Chairman Md Hemayet Hussain presided over the event, which was also attended by Fisheries and Livestock Secretary Mohammad Yamin Chowdhury.