Textiles and Jute Minister
Govt to formulate action plan to double jute export in next 2-3 yrs
Textiles and Jute Minister Jahangir Kabir Nanak has said the government will formulate and implement an action plan to double the export income from jute goods in the next 2-3 years.
“Bangladesh is exporting jute products worth an average of US$ one billion every year. We want to increase the export income of jute goods to US$ 2 billion in the next 2-3 years. I will formulate and implement the action plan with that goal,” he said.
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The minister made this remark at a press conference at the EPB (Export Promotion Bureau) booth set up in Frankfurt, Germany on Saturday, said a PID handout here on Sunday.
Nanak said Bangladesh is the world's second largest garment exporter. Garment is the main export product of Bangladesh, he said.
He said a huge demand has been created worldwide for Bangladeshi garments. Germany is the second destination of export products as Bangladesh exports different goods worth some 7 billion US dollars every year.
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Some 90 percent of the goods are garment products, he added.
The minister said initiatives will be taken to increase the export of diversified jute products to reduce dependency only on garment products as export products.
He said Bangladesh is the 2nd largest jute producing country in the world and quality jute is produced in The county.
“Bangladeshi entrepreneurs are producing 282 types of jute products, which are exported to 135 countries of the world,” said the minister.
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Bangladesh Ambassador to Germany Mosharraf Hossain Bhuiyan, Executive Director of Jute Diversification Promotion Center Gopal Chandra Das were present at the press conference.
9 months ago
International tender called for reopening closed jute mills: Jute Minister
Textiles and Jute Minister Golam Dastagir Gazi has said effective steps are being taken to reopen the state-owned jute mills that were closed down last year soon.
The mills would be reopened under private management on lease basis. The minister also added that international tenders have already been called in this regard.
He came up with these remarks while speaking to the press after joining the monthly coordination meeting of the ministry online on Wednesday afternoon.
The minister claimed that jute farmers are currently getting a fair price for raw jute as the value and demand of jute has increased across the world. The average price of raw jute in the current jute season is up to Tk 3,000, which is about 50 percent higher than last year, he added.
He also said that Bangladesh earned $953.56 million by exporting jute and jute-made products in the first nine months (July-March) of the current fiscal year 2020-21, which is 22.94 percent more than the same period last year.
The growth is also around 10.64 percent higher than the target, the minister said.
He hoped that not only would the old workers be rehabilitated, but also new employment opportunities will be created once these privately run mills become operational.
On July 1 last year, 25 jute mills under the control of Bangladesh Jute Mills Corporation (BJMC) were declared closed with the aim of creating a competitive environment in the jute sector.
3 years ago
All BJMC jute mill workers to get arrears within Nov: Minister
The minister confirmed it at a press conference at the secretariat over paying the dues of the retired workers and others who lost their jobs.
“To pay the arrears of workers of eight jute mills, we’ve got Tk 1,790.52 crore from t
4 years ago
State jute mills to be shut due to increasing forfeiture: Golam Dastagir
State owned Bangladesh Jute Mills Corporation (BJMC) will be halting operations to stop piling up losses, said Textiles and Jute Minister Golam Dastagir Gazi on Sunday.
4 years ago
11 persons, institutions to be awarded on National Jute Day
The government will honour eleven individuals and institutions on Friday for their outstanding contributions in promoting jute sector of the country.
4 years ago