RAJSHAHI, Feb 19 (BSS): The industrial estate of Bangladesh Small and Cottage Industries Corporation (BSCIC) in Rajshahi metropolis has started making profit with investment by some of the country's big companies.
Abul Khair Group, Pran Agro Limited and Nitol Group have taken plot allocation and started their production. Many other large groups of companies are in the pipeline.
According to the officials concerned, the sick and laid off industries are being replaced with new viable enterprises.
Transferring process of the existing infrastructures of Shahi Fabrics and Shah Mukhdum Silk Industries, which remained inoperative for long, is at the final stage.
"The sick industry owners will either restart their businesses or transfer possession of their units," said Mominul Islam, estate officer of the BSCIC, adding that creation of new estates became necessary to meet the local demand.
He said more than 100 units of BSCIC were declared sick and laid off about 18 to 20 years back but the number at present came down to almost zero level because of the rising trend in production and marketing of goods.
Sick BSCIC industries turn profitable
FE Team | Published: February 20, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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