In a bid to revitalise the textile industry, Commerce Adviser Sheikh Bashiruddin announced that the Government is eager to lease out approximately 45 to 50 closed mills belonging to the Bangladesh Jute Mills Corporation (BJMC) and Bangladesh Textile Mills Corporation (BTMC) to entrepreneurs.
During an agreement signing ceremony, for the leasing of the Kurigram Textile Mill to Western Engineering Private Limited, Sheikh Bashiruddin stated that three mills have already been leased within the past six months, with ongoing negotiations for additional leases.
Emphasising a merit-based approach, the adviser noted that the Government is prioritising the qualifications and proposals of investors, rather than personal connections. He encouraged entrepreneurs to leverage Government resources, which he believes will bolster both individual businesses and the national economy, while also generating employment opportunities.
Bashiruddin highlighted the existing infrastructure in the BJMC and BTMC mills, suggesting that with some renovation, production could swiftly resume, presenting a lucrative opportunity for investors. The Ministry of Textiles and Jute is actively seeking potential investors, and the adviser urged business leaders to seize this moment.
At the event, Md Abdur Rouf, Secretary of the Ministry of Textiles and Jute, underscored the investment potential in Kurigram, stressing that reopening closed mills could significantly enhance local employment prospects.
Bashir Ahmed, Managing Director of Western Engineering Private Limited, expressed his company’s dedication to fostering job creation in Kurigram and establishing a sustainable, eco-friendly industry.
The agreement was formally signed by BTMC Chairman Brigadier General SM Zahid Hasan and Bashir Ahmed, marking a significant step towards revitalising the local textile sector.
