In a comprehensive interview with Bangladesh's leading daily newspaper Prothom Alo, Md. Ramzanul Haque Nihad, Managing Director of Amin Mohammad Group, addressed critical issues facing the nation's housing sector, emphasizing the need for enhanced regulatory oversight and improved financial accessibility. The interview, published on 25 December 2021, provided valuable insights from one of the industry's most established organizations.
Drawing upon the company's three decades of industry experience, Md. Nihad highlighted both the promising future and existing challenges within Bangladesh's housing market. He noted that government infrastructure development projects nationwide are creating new opportunities for housing expansion, particularly in areas with improved transportation networks and emerging industrial zones.
Regarding sector challenges, Md. Nihad emphasized the necessity of streamlining banking processes for both developers and homebuyers. "Banks should make it easier to get loans while staying within the rules," he stated, advocating for financial accessibility that balances regulatory compliance with practical efficiency.
On employment generation, the Managing Director pointed to the sector's growing workforce requirements, particularly with the increasing construction of high-rise buildings. He emphasized how this trend is developing skilled labor within the country and creating substantial employment opportunities.
Addressing consumer protection concerns, Md. Nihad called for greater vigilance from regulatory bodies regarding licensing and oversight. His comments underscored the industry's commitment to ethical business practices while advocating for measures that protect both consumers and legitimate businesses.
The interview provided a balanced perspective on sector development, acknowledging both growth opportunities and areas requiring regulatory attention, reflecting Amin Mohammad Group's over three-decade commitment to industry advancement and consumer protection. Visit: Click Here