Government Announces Reopening of All Closed State-Owned Jute Mills
He revealed that seven jute mills are currently in the process of being restarted under private management, while nine other leased mills have already resumed operations, providing employment to approximately 7,200 workers. This initiative is a core part of the government’s broader economic strategy to eliminate unemployment and transform Bangladesh into a $1 trillion economy by 2034.
The State Minister emphasized that reviving the jute sector is essential for achieving the nation's long-term developmental goals. By transitioning these mills to private management and improving operational efficiency, the government aims to rectify the mismanagement of previous regimes and restore the "golden era" of the jute industry. He noted that the increased global demand for biodegradable and eco-friendly products presents a unique opportunity for Bangladesh to position jute as a "fiber of the future" in the international market.
In celebration of National Jute Day on Friday, March 6, President Mohammed Shahabuddin will officially inaugurate the day's events through an online ceremony. As part of the festivities, a nine-day Multipurpose Jute Products Fair will be held at the Bangladesh Shilpakala Academy grounds from March 6 to March 14. The State Minister invited entrepreneurs, exporters, and the general public to attend the fair, which will showcase a wide variety of innovative and diversified jute goods, ranging from high-end home decor to sustainable packaging solutions.
