The Financial Express

Govt not to give state-owned factory lands

| Updated: November 11, 2017 15:13:52

Govt not to give state-owned factory lands

Industries Minister Amir Hossain Amu has said that the government will not hand over land of state-owned factories to the private sector.

"The unused land of the state-owned factories will be used for the purpose of production of other government organisations. No state-owned factories will be handed over for privatisation," he said.

The minister was speaking as the chief guest at the National Industry Development Parishad Executive Committee (NIDPEC) meeting at his Secretariat office on Thursday, reports BSS.

The government has already handed over many state-owned factories to the private sector, but many industrial units could not start their operations, Amu said, adding that the government was on the process to bring the non-functional factories back.

He said the government would continue production of some industrial products with a view to controlling the prices of products.

The minister asked the officials to start the Technical Training Centre (TTC) activities for building skilled manpower in the industrial sector.

Among others, Senior Secretary of the Agriculture Ministry Mohammad Moinuddin Abdullah, Industries Secretary Muhammad Abdullah, Bangladesh Tariff Commission Chairman M Zahir Uddin Ahmed and Acting Secretary of the Science and Technology Ministry M Anwar Hossain were present in the meeting.

Share if you like