Govt to organise roadshows to attract investment in closed, loss-making state-owned factories

The government has decided to organise roadshows soon to
attract local and foreign investment in closed and loss-making state-owned
factories as part of its efforts to revive idle industrial units and improve
their performance.
The decision was taken at a meeting
on the operation and management of closed factories under the Ministry of Industries,
said PM's Deputy Press Secretary Hasan Shiplu.
The meeting was held at the Prime
Minister's Office in the Bangladesh Secretariat today (4 June) with Prime
Minister Tarique Rahman in the chair.
Shiplu said officials concerned were directed to complete the necessary
preparations within this month for the planned roadshows.
During the meeting, he said, senior
officials of various organisations under the Ministry of Industries presented
detailed reports on the current condition of closed and loss-making factories,
outlining their challenges, prospects and possible solutions.
Shiplu said the prime minister
instructed the authorities concerned to identify effective ways to reopen
closed factories as quickly as possible and turn loss-making units into
profitable enterprises.
He said Tarique Rahman also placed
special emphasis on attracting both local and foreign investment to these
industrial establishments.
Officials informed the meeting that
recommendations from an expert committee are being sought to help reopen the
closed factories and improve the performance of those operating at a loss, the
deputy press secretary added.
Industries, Commerce, and Textiles
and Jute Minister Khandakar Abdul Muqtadir, Prime Minister's Adviser on Economy
and Planning Rashed Al Mahmud Titumir, Executive Chairman of the Bangladesh
Investment Development Authority Chowdhury Ashik Mahmud Bin Harun, better known
as Ashik Chowdhury, Principal Secretary to the Prime Minister ABM Abdus Sattar
and senior officials of the Ministry of Industries attended the meeting.















