Govt initiates 9 new factories for employment generation

The government has taken initiatives to set up
nine new factories with the aim of creating employment, Khandaker Abdul
Muktadir, minister for Commerce, Industries, Textiles, and Jute ministry said
today (2 April).
Speaking in parliament, the minister stated
that the ministry has planned to establish new industrial enterprises to
eliminate unemployment.
The factories are listed below.
- Urea Formaldehyde-85 (UF-85) Plant: A detailed
techno-economic feasibility study is currently underway to establish a
UF-85 factory on the vacant land of Ghorashal Polash Fertilizer Public
Limited Company (GPFPLC), under the Bangladesh Chemical Industries
Corporation (BCIC).
- New TSP Fertilizer Factory: Efforts are ongoing to appoint
an international consulting firm to conduct a detailed techno-economic
feasibility study for a new fertilizer factory with an annual production
capacity of 400,000 tonnes at TSP Complex Ltd. (TSPCL).
- Starch and API Complex: Initiatives have been taken to
implement a project titled "Starch Factory and Active Pharmaceutical
Ingredients (API) Complex" on the premises of Khulna Newsprint Mills
Ltd. (KNML) and Khulna Hardboard Mills Ltd. (KHBML). The techno-economic
feasibility study and the Development Project Proposal (DPP) for this
project have been completed.
- Karnaphuli Paper Mills Ltd. (KPML) Expansion: Initiatives
have been taken to set up a full-fledged paper mill including
afforestation, a Soda Ash and Baking Soda plant, a Sodium Sulfate plant,
an Activated Bleaching Earth plant, a Titanium Dioxide plant, a Sulfuric
Acid plant, and a Synthetic or Polyester Fiber plant on the KPML premises.
The techno-economic feasibility study is complete, and the drafting of the
DPP is in progress.
- Basic Chemical Factory: An initiative has been taken to
establish a Chloro-Alkali and chlorine-related basic chemicals factory on
the premises of Chittagong Chemical Complex (CCC).
- Insulator and Sanitaryware Plant: Plans are in place to set
up an eco-friendly, energy-efficient modern insulator and sanitaryware
plant at the Bangladesh Insulator and Sanitaryware Factory Ltd. (BISFL).
- WPP Bag Manufacturing: A pre-feasibility study has been
completed to establish a WPP bag manufacturing factory as a backward
linkage industry at the GPFPLC premises, utilizing existing management,
land, and utilities.
- New Urea Factory in Bhola: There is an initiative to set up
a new urea fertilizer factory in Bhola district. Site selection activities
are ongoing following the completion of a pre-feasibility study.
- Modern Glass Factory: A pre-feasibility study has been completed
for a modern glass factory using advanced technology on 197 acres of
unused land adjacent to the Ashuganj Fertilizer Factory.
The minister further mentioned that while the
Bangladesh Small and Cottage Industries Corporation (BSCIC) does not directly
establish industrial enterprises, it creates industrial estates or parks where
entrepreneurs set up their own factories.
Currently, there are 83 BSCIC industrial
estates or parks across the country, housing 6,223 industrial units.
To eradicate unemployment, the BSCIC will take
initiatives to establish more industrial estates/parks based on specific
proposals, raw material availability, entrepreneur demand, and the availability
of uncultivated, unused, or abandoned land through the district administration,
subject to feasibility studies.
Entrepreneurs will be able to establish
various industrial units in those locations.
















