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Move to revive public sugar mills in partnership with pvt Co
A memorandum of understanding was signed on Thursday between the governent and S Alam & company to revive public sugar mills. UNB
Dhaka, July 5: S. Alam & Co., one of the leading industrial groups of the country will work with the government for sugarcane production and modernization of sugar mills to make the sugar industry profitable. A memorandum of understanding was signed in this regard on Thursday.
A number of projects will be implemented with the Bangladesh Sugar and Food Industries Corporation (BSFIC) and the Ministry of Industries, said a press release.
The projects include - improved sugarcane production and training of farmers using technology, construction of modern sugarcane processing factories, 6 MW power co-generation, construction of solar power plants, construction of by-product-based plants, development of cold storage and agro-processing industries, construction of packaging factory among others.
The Memorandum of Understanding (MoU) signing ceremony of this initiative was attended by Industries Minister Nurul Majid Mahmud Humayun, Senior Secretary Zakia Sultana, S M Alam, Additional Secretary (State-Owned Corporation), Md Shamimul Haque, Additional Secretary (Planning), Ministry of Industries, and Nagib Mahfuz, Manager, Technical Service, SS Power I Limited on behalf of S.Alam & Co, among others. - UNB