Lands of 26 closed state-owned jute mills cannot be sold
Tasmiah Nuhiya Ahmed of DOT
 These lands cannot be used for any purpose other than jute related work. The surplus land of these closed government jute mills is 75 acres.
 The decision was taken at the first meeting of the policy-making committee on the proper course of action to be followed on the proper use of the state-owned 26 jute mills and other assets of BJMC. The meeting was recently held at the Ministry of Textiles and Jute.
 Textile and Jute Minister Gazi Golam Dastagir presided over the meeting using the Zoom platform.
 Note that these jute mills were declared closed from July 1.
 According to the information obtained from the working paper of the meeting, several issues were discussed in the meeting. These include identifying the fastest possible jute mills; Introduce jute mills through PPP-joint venture-G2G or lease out keeping government ownership and interests intact; Giving long term leases and giving priority to the jute sector concerned in this regard; To keep the mills engaged only in the production of jute and jute products; Recommendations on steps to be taken to ensure fair price of jute to jute growers etc.
 During the meeting, the finance secretary said that the land of the mill could not be sold under any circumstances. Lease extension; The stock of raw materials, finished goods, machinery and other assets of the mill needs to be determined quickly. It is necessary to declare the existing machinery scrap of the mill and give priority to young and efficient workers in starting the mill.
 The Commerce Secretary said three categories need to be made in these cases. These are: Leaseable, BMRE Eligible, Long Term Partner (PPP). Through this, a decision has to be taken about the closed jute mill.
 The executive chairman of the Bangladesh Investment Development Authority (BIDA) said the mills could be divided into several sections considering the location of the land, type of equipment and quality.