PM orders fast revival of closed state factories

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PM orders fast revival of closed state factories

B Mirror Report : Prime Minister Tarek Rahman has directed the authorities to expedite the process of reopening loss-making and closed state-owned industrial units through domestic and foreign investment.

The directive came during a meeting at the Prime Minister’s Office on Saturday, according to Deputy Press Secretary Hasan Shiplu.

The Prime Minister said a number of private companies have expressed interest in investing in the idle state-owned factories. He noted that the proposals submitted by the companies for establishing different types of industrial ventures would undergo feasibility assessments before any decisions are made.

Tarek Rahman also stressed the importance of ensuring transparency throughout the entire investment and selection process, Shiplu told reporters.

The meeting was attended by Commerce, Industries, Jute and Textiles Minister Khandaker Abdul Muqtadir; State Minister for Jute and Textiles Shariful Alam; the Prime Minister’s Adviser on Economy and Planning, Rashed Al Mahmud Titumir; Bangladesh Investment Development Authority (BIDA) Executive Chairman Chowdhury Ashik Mahmud Bin Harun; Principal Secretary to the Prime Minister A.B.M. Abdus Sattar; secretaries of the relevant ministries; and senior officials of the Ministry of Industries.

 

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