Bangladesh Jute Mills Corporation
| Abbreviation | BJMC |
|---|---|
| Formation | 1972 |
| Founder | Ministry of Textiles and Jute |
| Type | State owned association |
| Legal status | Operational |
| Purpose | Functioning as an umbrella of all jute factories in Bangladesh |
| Headquarters | Adamjee Court Annex-1, 115–120 Motijheel, Dhaka, Bangladesh |
Region served | Bangladesh |
Official language | Bengali, English |
Parent organization | Directorate General of Jute |
| Affiliations | |
| Website | www |
Bangladesh Jute Mills Corporation (BJMC) is a public corporation that manages all government-owned jute factories and industries in Bangladesh. The corporation is located in Dhaka, the capital city of Bangladesh.[1] In addition to the jute mills, it also owns several public entities in other fields[which?] for the purposes of funding and revenue collection.[2][3]
History[edit]
The BJMC corporation was formed in 1972 when the government of Bangladesh nationalised all the Jute Mills in the country as part of an effort to institute new socialist policies.[1] The corporation is currently responsible for managing nine state-run jute mills in Bangladesh,[4] including Adamjee Jute Mills.[5] In 2016, the government announced plans to upgrade the jute mills by spending $340 million USD with Chinese assistance.[6]
The corporation also has a professional football team called Team BJMC.[7]
References[edit]
- ^ a b "Jute Industry". Banglapedia. Retrieved 12 October 2016.
- ^ "Team BJMC taste maiden victory". The Daily Star. 16 June 2019. Retrieved 4 September 2019.
- ^ 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.
- ^ "Jute mills workers observe work abstention protesting fresh pay rule". Dhaka Tribune. 20 September 2016. Retrieved 12 October 2016.
- ^ "Adamjee Jute Mill". Banglapedia. Retrieved 12 October 2016.
- ^ "Government to upgrade jute mills to boost production". Dhaka Tribune. Archived from the original on 12 October 2016. Retrieved 12 October 2016.
- ^ "BJMC get their revenge". The Daily Star. 11 March 2016. Retrieved 12 October 2016.