Bangladesh is planning to establish a new textile hub for its apparel sector under the public-private partnership (PPP) scheme. The Bangladesh government has finalised the names of 16 textile mills that will be reopened through PPP. Steps towards finalising the opening of two among them have been completed These mills are located in Dhaka’s Demra and Gazipur’s Tongi. They are Ahmed Bawani Jute Mills and Kaderia Jute Mills.
Bangladesh’s cabinet has given its final approval to the PPP contract document. Private operators will run the mills under design-build-operate-maintenance and transfer method for a period of 30 years.
Bawani Jute Mill at Demra has been awarded to consortium of Tanzia Fashions, who will pay contract fees of Tk 2.5 crore annually. After 30 years of operation, they will hand it over to the government. Kaderia Jute Mills at Tongi has been given to consortium of Orion. It will also operate the mill for 30 years and will give the government contract fees of Tk 5.20 crore annually.
