Reopening of Bangladesh jute mills to create 4000 jobs

January 12, 2013 - Bangladesh

Around 4,000 direct job opportunities are likely to come up in Bangladesh jute industry, as the Government plans to soon restart three closed jute mills to rejuvenate the country’s jute sector. 
 
Aiming to re-establish the industry at its past glorious position, the Government is planning to reopen Khulna-based Daulatpur Jute Mills, Chittagong-based Forat-Karnaphuli Carpet Factory and Karnaphuli Jute Mills. 
 
Of these, the Daulatpur Jute Mills has been carrying out test run for jute production since April 2012, and is ready for launch of commercial operations, according to the state-owned Bangladesh Jute Mills Corporation (BJMC).
 
Upon reopening, the three mills would function under the BJMC, and boost the Corporation’s annual production capacity from the present 230,000 tons to 250,000 tons at optimum levels.
 
BJMC, which owns 24 jute mills, 18 of which are operational, has already developed a project for modernization and expansion of these mills. The project includes replacing of obsolete machinery, refurbishment of old factory premises, developing new premises and replacing cables.
 
During last fiscal, BJMC produced 176,000 tons of jute as compared to its previous fiscal’s production of 160,000 tons.
 
BJMC exported Tk 10.58 billion worth of jute items during last fiscal, which is higher than its previous year’s exports of Tk 9.43 billion.