Bangladesh Jute Mills Corporation

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Bangladesh Jute Mills Corporation
AbbreviationBJMC
Formation1972
FounderMinistry of Textiles and Jute
TypeState owned association
Legal statusOperational
PurposeFunctioning as an umbrella of all jute factories in Bangladesh
HeadquartersAdamjee Court Annex-1, 115-120 Motijheel, Dhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali, English
Parent organization
Directorate General of Jute
Affiliations
Websitewww.bjmc.gov.bd

Bangladesh Jute Mills Corporation, often abbreviated and known as BJMC is a public corporation that owns and manages all government jute factories and industries in Bangladesh and is located in the capital city of Dhaka.[1]

It also owns several public entities in various fields for its funding and revenue collection.[2][3]

History

The corporation was formed in 1972 when the government of Bangladesh nationalised all the Jute Mills in the country.[1] It manages Adamjee Jute Mills.[4] It is responsible for nine state run jute mills in Bangladesh.[5] Team BJMC is a professional football team of the corporation.[6] In 2016 the government announced plans to upgrade the jute mills spending US$340 million with Chinese assistance.[7]

References

  1. ^ a b "Jute Industry". Banglapedia. Retrieved 12 October 2016.
  2. ^ Sports reporter (16 June 2019). "Team BJMC taste maiden victory". The Daily Star. Retrieved 4 September 2019.
  3. ^ Parvez, Sohel (15 May 2019). "BJMC Burdened With Losses | Anomalies in jute purchase, low productivity, inefficiency key factors; Tk 7,477cr bailout in last 10 years fails to improve situation". The Daily Star. Retrieved 4 September 2019.
  4. ^ "Adamjee Jute Mill". Banglapedia. Retrieved 12 October 2016.
  5. ^ "Jute mills workers observe work abstention protesting fresh pay rule". Dhaka Tribune. 20 September 2016. Retrieved 12 October 2016.
  6. ^ "BJMC get their revenge". The Daily Star. 11 March 2016. Retrieved 12 October 2016.
  7. ^ "Government to upgrade jute mills to boost production". Dhaka Tribune. Archived from the original on 12 October 2016. Retrieved 12 October 2016.