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State-owned sugar mills: Closed to cut costs but continue to incur loss

Six loss-making sugar mills owned by the state were shuttered in 2020 so that they may undergo modernisation and eventually become commercially viable once again.

Bangladesh generalSajahan ali badshaAhmed humayun kabir topuFood industries corporationSugarcane farmers association in pabnaBangladesh akh chashi federationBangladesh sugarShyampur sugarPanchagar sugarSetabganj sugarRangpur sugarPabna sugar millSugar millPabna sugarPabna sugar millsAhmed humayun kabir

Sugar mills also going to private sector

The three sugar mills now owe Tk7,700 crore to different state-owned commercial and specialised banks

United arab emiratesKhandaker anwarul islamArifur rahman apuIndustries corporationSugar international companyFood industries corporationSharkara internationalCarew coBangladesh sugar mills corporationRajshahi sugarCabinet secretary khandaker anwarul islamBangladesh sugarChairman md arifur rahman apuBusiness standardFood industriesBangladesh food

Ray of hope for 6 sugar mills | The Daily Star

The government is close to striking a deal with foreign investors for reopening the six shut sugar mills as part of its plan to make the losing Bangladesh Sugar and Food Industries Corporation (BSFIC) sustainable.

Bangladesh generalNurul majid mahmud humayunEmdad hossainJapan bankJapan sojitz machinery corporationFood industries corporationInternational cooperationSharkara internationalCarew coThailand sutech engineering coBangladesh sugarSojitz machinery corporationDaily starPabna sugar millsShyampur sugar millsSetabganj sugar mills

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