Bangladesh may witness development with the opening of shut down jute mills
The policy-making committee is going to report on the reopening of closed jute mills, not specifying any one, but with the opportunity to invest in other methods including public-private partnership (PPP), government-to-government (GTG), lease.
Committee members said the report would be finalized within this week. After that, steps will be taken to start the mills as per the recommendation of the committee, said officials of the Ministry of Textiles and Jute and BJMC (Bangladesh Jute Mills Corporation).
On the other hand, another committee has almost finalized their report to make recommendations on rationalization in the light of the changed situation of BJMC's manpower structure.
The government announced the closure of 25 jute mills under the control of Bangladesh Jute Mills Corporation (BJMC) from July 1.
At the same time, it was also announced to terminate the jobs of 24,609 permanent workers working in the jute mills through gratuity, provident fund (PF) and leave cashing and golden handshake facility. At that time, the government informed that the closed mills of BJMC will be re-opened in a new model by modernizing and restructuring the production system of jute products.
In this context, a policy-making committee was formed to ensure proper use of jute mills and other properties. The committee is headed by Textiles and Jute Minister Golam Dastagir Gazi.
At the second meeting of the policy-making committee on August 5, it was decided that interested entrepreneurs or investors would be able to inspect the closed jute mills on the spot. Until August 20, they will be able to inspect the mills and get an idea of its equipment, installation and other properties.
In this regard, the chairman of BJMC said, "Although we were given time till August 20 to inspect the mill, we were not limited to that." Many have visited the mill. We still give that opportunity to anyone who wants to visit the mill. '