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No sugar mills closed down permanently: industries minister

Industries minister Nurul Majid Mahmud Humayun on Friday said that none of sugar mills in Bangladesh had been permanently shuttered, and all factories would be reopened soon.

The minister said this at an inauguration program of sugarcane threshing season at Darshana Keru and Company Sugar Mills in Damurhuda Upazila of Chuadanga.

‘No sugar mills has been closed down permanently. The factory has been temporarily shut down for modernisation of the sugar mills,’ the minister said.

He also said that the government gave maximum amenities in the production of agricultural products. ‘The demands of the farmers will be met.’

Commerce minister Tipu Munshi, state minister for industries Kamal Ahmed Mojumder, industries secretary Zakia Sultana, Bangladesh Sugar and Food Industries Corporation chairman Arifur Rahman Apu, Chuadanga-2 MP Haji Md Ali Azgar Togor, were present on the occasion, among others.

Regarding the rising prices of commodities, commerce minister Tipu Munshi said that if the prices of essential commodities go up in the international market, the domestic market tends to follow suit. However, TCB activities will be commenced at the upazila level to keep the prices tolerable, he added. Hopefully, 400-500 TCB trucks will be added in the next 3 months.

Managing director of sugar mills Mohammad Mosharraf Hossain presided over the function.

He said all preparations of the sugar mills have been completed to start the threshing for this season. However, sugarcane cultivation has decreased, leading the production target down to half this year, he said.

Meanwhile, the government shut down six sugar mills, out of 15 state-owned sugar mills, last year due to continued losses.

The above news was originally posted on www.newagebd.net

Sugar Times Team
Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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