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Home Biography The government should introduce tourism-friendly policies and build infrastructure there

The government should introduce tourism-friendly policies and build infrastructure there

S.M. Amzad Hossain
Chairman, SBAC Bank Ltd.
President & CEO, Lockpur Group

One of the prominent industrialists S. M. Amzad Hossain, who made water shrimp into gold. He is a true businessman, a living legend. In Fakirhat of Bagerhat district, on the roadside of Khulna-Mongla highway, one organization after another he has been making outstanding contributions to the employment of that area. The products produced in his factory are exported to many countries of the world, including Europe, America. He contributed a lot in the sector of Agriculture and SME Industries with the establishment of South Bangla Agriculture and Commerce (SBAC) Bank Ltd. He is also amazing as a man. His passion and patience impressed everyone.
In the context of Bangladesh, the people of southern parts are behind in education, government service and trade and commerce. There is no gas in Khulna area; the history of electricity connection is not too long. There was no road due to lack of bridge in the Reverine area. Yet there is an industrial area in Khulna city was developed. But the fate of the good days of Jute is no more. The glorious Khulna industrial town is now just a past. One of the great people who succeeded with relentless efforts to overcome the situation, one of the prominent industrialists S.M. Amzad Hossain. He made water shrimp into gold. He is a true businessman, a living legend. In Fakirhat of Bagerhat district, on the roadside of Khulna-Mongla highway, one organization after another he has been making outstanding contributions to the employment of that area. The products produced in his factory are exported to many countries of the world, including Europe, America. And he is also amazing as a man. His passion and patience impressed everyone.
There are many entrepreneurs/businessmen who gradually climbing the ladders of passage of time to prosperity by dint of their merit and planned entrepreneurship. It is not only they are attaining establishment, but contributing hugely to Bangladesh economy. And one of those is S.M. Amzad Hossain, President & CEO of reputed company “Lockpur Group of Industries”. He is the founder of South Bangla Agriculture & Commerce Bank Limited. Dreamer and workaholic S.M. Amzad Hossain was born in the renowned business family of the Lockpur Union under Fakirhat Upazila of Bagerhat District. Being meritorious since childhood, Amzad Hossain obtained his SSC from Nauhati High School in 1972 and HSC from Khulna Polytechnic School & College and got admitted commerce department of Dhaka University.
Having passed from commerce department, he got several job offers, but he was never job-oriented. His aim of life was to do business and establishing industries. So he got involved with his paternal profession of business. They had shrimp & trading businesses in 1983. After that, Amzad established shrimp business in Bagerhat in 1986. During that time, he along with friends used to export shrimp. So they decided to make white gold into more economically viable. This experienced shrimp businessman works to make shrimp more palatable in taste. If we can make it more beautiful and could be preserved more scientifically, its present price would increase manifold. Thus he started frozen shrimp exporting.
This laborious and perseverant entrepreneur S.M. Amzad Hossain has built more than 20 industrial & business concerns in his own village Lockpur which is now known as “Lockpur Group”. He has made trade & business multifarious. Five big package industries are included in this Group. Their packaging principal buyers are 2 world famous international companies: they are Wall-Mart & Costco. So we can term him, as industrial entrepreneur Amzad who enlightened the country’s image. Currently, his 15 Percent to 20 Percent export earnings comes from shrimp, and the rest are cartoon, Jute goods and other unconventional like “Porata”, Fast Food etc. Besides, he has Bagerhat Sea Food and Lockpur Fish Processing those are highly lauded in the international markets worldwide. He exports vegetables, fish to those countries where Bangladeshi expatriates live.
He has opened six business offices of the Lockpur Group in Britain, Myanmar, Canada, USA, and China. Not only Bangladeshis, but foreign nationals also working there. In his China office, two Bengali and 14 Chinese works. This internationally reputed entrepreneur thinks- Once Bangladeshi products were being questioned, now no more. Bangladeshi medicine and electrical products are being exported. These products not only Bangladeshi People buy, but also foreigners. He said, 90 percent Hotel businesses in the United Kingdom are being done by UK Bangladesh expatriates and also in other countries. Vegetables & Fish are exporting to Rome, Italy. He further said- Bangladeshis are very creative in nature. It was a time when RMG accessories were being imported. Now we have more than 130 industrial units, so we need not to import accessories products .This saves 4/5 billion US dollar import cost annually.
Amzad wishes that our government should be more business friendly. Unnecessary bureaucratic tangle to be removed. He opined that Bangladesh has immense tourism optimism. And in order to build a tourism project, Lockpur Group has taken lease 300 acres from the government in the Sugarcanes. He thinks the government would introduce tourism friendly policies and build infrastructure there. This will bring a drastic change to our growing economy. Bangladesh embassies abroad should locate new markets. We are also trying to identify new markets.
S.M. Amzad Hossain said about South Bangla Agriculture and Commerce Bank Limited that this bank since its inception had been giving crucial importance to the Agriculture sector development and Agri-industry spread. This Bank has contributed huge to the country’s economy. At this constrain time, this conscious renowned entrepreneur has been contributing huge to the contrary’s economy through Lockpur Group and South Bangla Agriculture and Commerce Bank Limited.

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