Optimizing uses of Gas for Industrial Development: A Study on Sylhet, Bangladesh

Abstract

Proper and planned industrialization for any country can help to earn its expected GDP growth rate and minimize the unemployment rate. Industrial sector basically consists of manufacturing, together with utilities (gas, electricity, and water) and construction. But all these components to establish any industry are not available concurrently that only guarantee Sylhet. Here this study is conducted to identify the opportunities to generate the potential industrial sectors into Sylhet that ensures the proper utilization of idle money, cheap labor, abundant natural gas, and other infrastructural facilities. This industrialization process in Sylhet will not only release from the hasty expansion of industries into Dhaka, Chittagong but also focuses it to be an imminent economic hub of the country. As a pertinent step, this study analyzed the trend of gas utilization in different sectors and suggests the highest potential and capacity for utilizing gas after fulfilling the demand of gas all over the country. Though Sylhet has abundant natural resources and enormous potentials for developing gas-based industries, it has also some notable barriers which could easily be overcome if all things go in the same horizontal pattern. This paper concludes with suggestions that Sylhet could undertake the full advantage of different gas distribution and transmission companies and proposed Special Economic Zone (SEZ) as well for sustaining the momentum.