State-owned jute mill leasing this month, Interested China

The state-owned jute mills, which have been declared closed in the country at any time during the current March, will start leasing at the individual or company level any time during the current March. The Jute Ministry has taken such a decision on the basis of the recommendation of the committee constituted by the government to examine the proposals received regarding the reopening of privately managed jute mills in the light of the adopted policy.

The Ministry of Textiles and Jute is speeding up the mills to increase production and bring the unemployed workers back to work by finalizing the lease system. Through this, job opportunities will be given to the retired workers on priority basis. The consent of the Prime Minister has also been obtained in this regard. According to the Ministry of Jute and Textiles.

According to sources, the government initially started working on four plans to re-launch the jute mills – first, public-private partnership (PPP), second, joint ventures, third, government-to-government (GTZ) and the latest plan was leasing. At the end of the analysis, the government considered it appropriate to give a lease.

According to ministry sources, China has shown interest in inviting the government to reduce the unemployment of Bangladeshi workers. They also initially expressed interest in leasing the largest crescent and platinum jute mills among the state-owned jute mills. It is also learned that a Chinese delegation has visited Bangladesh and inspected the two mills.

Sunbd/NJ