Related Keywords: aiming to expand jute industries, Bangladesh government, mulling over forming special fund, regain past glory, similar to Export Development Fund, Textile and Jute Minister Emaz Uddin Pramanik
The Bangladesh government is aiming to expand jute industries and regain its past glory for which they are mulling over forming a Tk 10,000 crore special fund, similar to Export Development Fund, said Textiles and Jute Minister Emaz Uddin Pramanik yesterday.
It is also using Tk 6,000 crore provided by China for balancing, modernisation, rehabilitation and expansion of 26 jute mills in phases.
Coming to office in 2009, the Awami League government overturned decisions of its predecessors to reopen five jute and three textile mills, he said.
