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Bangladesh Govt to reclaim jute mills sold or privatized during 2009-13

Related Keywords: Latif's Reign privatized, PM orders, Prime Minister, producing high quality sarees, rebuild jute and silk mills, Sheikh Hasina, textiles Jute, under public-private partnership projects

Bangladesh Prime Minister Sheikh Hasina yesterday directed the Textiles and Jute Ministry officials to take necessary steps to reclaim the jute mills and industries from private entrepreneurs who have failed to resume their operation as they had promised. These mills and factories had been sold or privatized during 2009-2013.

She also said that no state-owned industry will be leased out or sold from now on. The directives came following recommendations made by a high powered committee of the Prime Minister's Office (PMO)

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