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Cold chain policy vital for investment in preservation of perishable goods

Published : Friday, 29 March, 2024 at 12:00 AM  Count : 384
Business Correspondent
Leaders of Bangladeshs cold storage industry have been urging the government to enact a unified policy to bolster the countrys cold chain infrastructure. This improved system would ensure a steady supply of perishable goods, such as potatoes, onions, and tomatoes, even during off-seasons, they said

The call was made along with announcement of the upcoming Cold Chain Bangladesh-2024 exhibition, scheduled for May 16th to 18th. Organizers aim to showcase advancements in cold chain technology and discuss strategies to streamline cold storage and logistics across Bangladesh.

While attending a press conference in the city on Thursday the industry leaders emphasized the critical need for a comprehensive cold chain policy involving various government ministries, industries stakeholders, and experts. This collaboration would address the evolving needs of the agricultural and perishable goods sector.

Md Faizul Alam, Managing Director of Savor International Ltd., stressed the importance of revamping the current financial structure to incentivize investments in cold chain development. He highlighted the need for access to low-interest foreign loans to facilitate the construction of modern cold chain facilities.

Public-private partnerships (PPPs) were also emphasized as a way to move forward. Stakeholders believe PPPs would be instrumental in cold chain management. Specialized cold storage facilities and improved post-harvest management education for farmers and industry professionals were identified as further priorities.

The high cost of importing cold storage equipment and spare parts was another point of discussion. Mohammad Asaduzzaman, President of the Bangladesh Refrigeration and Air-conditioning Merchant Association, urged a reduction in import duties to stimulate investment.

Istiaque Ahmed, Senior Vice President of the Cold Storage Association, emphasized the dual role cold storage plays in both food security and food safety by minimizing dependence on harmful preservatives.

Industry leaders expressed concern over potential potato shortages. Mostafa Azad Chowdhury Babu, President of Bangladesh Cold Storage Association (BCSA), urged authorities to provide accurate data on potato production to prevent market disruptions.

He warned that consumers might face potato prices exceeding 50 taka per kilogram, given the current farm gate price of 27-32 taka per kilogram, a significant increase from last years maximum of 18 taka per kilogram.

The Cold Chain Bangladesh 2024 exhibition promises to be a platform for collaboration and progress. By addressing the concerns raised by industry leaders and implementing an integrated cold chain policy, Bangladesh can ensure a more stable and secure supply of perishable goods for its citizens.



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