Jute is the name of fiber used to make burlap, hessian or gunny cloth. Jute cloth produced by our Jute mills. Jute is one most affordable fiber which is used verity of jute products like Shopping bag, Laptop bag, Ladies bag , file folder, Dairy cover , Rope , cloth and others.
Last year, the government shut down production of Jute mills due to heavy losses.
The government has decided to lease out all the 25 state-owned jute mills to the private sector, instead of resumption of their operations under BJMC or any other wing.
The leasing company may be domestic or foreign, while the policy is yet to be framed, top officials of the Ministry of Textiles and Jute confirmed the matter to Dhaka Tribune.
Lokman Hossain Miah, Secretary of the ministry, told Dhaka Tribune on Monday: “It has been decided that the government will not operate these mills anymore.”