PM orders speedy revival of closed state factories through private investment

PM orders speedy revival of closed state factories through private investment

Prime Minister Tarique Rahman has directed authorities to expedite the process of reviving non-profitable and closed state-owned factories through domestic and foreign investment.

He issued the directive at a meeting on the progress of reviving non-profitable and closed state-owned factories at the Prime Minister's Office on Saturday, July 4.

Prime Minister's Deputy Press Secretary Zulfiqar Hasan Shiplu confirmed the information.

The meeting was informed that many private companies have expressed interest in investing in these factories. The feasibility of the proposals for the types of industrial establishments the companies are interested in will now be assessed.

The prime minister emphasised completing the entire process transparently and avoiding unnecessary delays.

The meeting, chaired by Prime Minister Tarique Rahman, was attended by Commerce, Industry, Textiles and Jute Minister Khandaker Abdul Muktadir, Textiles and Jute State Minister Shariful Alam, Finance and Planning Adviser Rashed Al Mahmud Titumir, BIDA Executive Chairman Ashik Chowdhury, Prime Minister's Principal Secretary A B M Abdus Sattar, and secretaries of concerned ministries and senior officials of various organisations under the Ministry of Industries.