Industries minister Amir Hossain Amu on Wednesday said the government would not sell out any more state-owned mills and factories for the sake of sustainable industrialisation in the country.
He said this at a meeting with the leaders of the sugarcane farmers’ federation at his secretariat office at Motijheel, said industries ministry officials.His statement is, however, contrary to a current government initiative under the privatisation commission which is working to sell out the state-owned enterprises and their unused lands.
Amu said the government was working to bolster the country’s industrialisation which required lot of lands.
To attain the goal, the government would not sell out its mills and factories, he said.
Amu said the government had taken measures like balancing, modernisation, rehabilitation and expansion, and product diversification to make the loss-making state-owned enterprises profitable.
He assured the federation leaders of solving their problems in phases.
The leaders of the federation told the minister that the sugarcane farmers had outstanding dues worth around Tk 100 crore to 15 state-owned sugar mills in the current crashing season.
They proposed that the government could meet the payment by giving sugar instead of cash.
-With New Age input