Speakers tell event organised by DCCI, ActionAid Bangladesh, United Purpose, World Vision
Disasters can be detrimental to supply chains, production and overall business marketing, for which it is imperative to engage the private sector in risk management to mitigate the losses, said speakers at an event yesterday.
The event was jointly organised by the SUPER project initiated jointly by the Dhaka Chamber of Commerce and Industry (DCCI), ActionAid Bangladesh, United Purpose and World Vision at the Pan Pacific Sonargaon Dhaka, according to a press release.
DCCI President Rizwan Rahman said disasters like earthquakes, fires and chemical explosions have far-reaching consequences, taking a heavy toll on the sustainability of enterprises.
He said Bangladesh in the recent past took up several policies to reduce disaster risks and the country needs to prioritise disaster management across the private sector.
In order to ensure sustainable economic development, attract investment and face the risks of hazards, disaster risk management skills need to be improved, said Enamur Rahman, state minister for disaster management and relief.
He said it was not only the public sector’s job; the private sector’s engagement was very important. Ambassador of the Philippines to Bangladesh Alan L Deniega said both the public and private sectors should come forward to work together for capacity improvements in disaster risk management.
The private sector has to play the dominant role in disaster risk management for its own development and sustainability, said Farah Kabir, country director of ActionAid Bangladesh.
She said there should be an integrated risk analysis system under the supervision of a public-private partnership.
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