Bangladesh Jute Mills Corporation

Bangladesh Jute Mills Corporation, often abbreviated and known as BJMC is a public corporation that owns and manages all government jute factories and industries in Bangladesh and is located in the capital city of Dhaka.[1]

Bangladesh Jute Mills Corporation
AbbreviationBJMC
Formation1972
FounderMinistry of Textiles and Jute
TypeState owned association
Legal statusOperational
PurposeFunctioning as an umbrella of all jute factories in Bangladesh
HeadquartersAdamjee Court Annex-1, 115-120 Motijheel, Dhaka, Bangladesh
Region served
People's Republic of Bangladesh
Official language
Bengali, English
Parent organization
Directorate General of Jute
Affiliations
Websitewww.bjmc.gov.bd

It also owns several public entities in various fields for its funding and revenue collection.[2][3]

History

The corporation was formed in 1972 when the government of Bangladesh nationalised all the Jute Mills in the country.[1] It manages Adamjee Jute Mills.[4] It is responsible for nine state run jute mills in Bangladesh.[5] Team BJMC is a professional football team of the corporation.[6] In 2016 the government announced plans to upgrade the jute mills spending US$340 million with Chinese assistance.[7]

References
  1. "Jute Industry". en.banglapedia.org. Banglapedia. Retrieved 12 October 2016.
  2. Sports reporter (16 June 2019). "Team BJMC taste maiden victory". The Daily Star. Retrieved 4 September 2019.
  3. 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.
  4. "Adamjee Jute Mill". en.banglapedia.org. Banglapedia. Retrieved 12 October 2016.
  5. "Jute mills workers observe work abstention protesting fresh pay rule". Dhaka Tribune. 20 September 2016. Retrieved 12 October 2016.
  6. "BJMC get their revenge". The Daily Star. 11 March 2016. Retrieved 12 October 2016.
  7. "Government to upgrade jute mills to boost production". Dhaka Tribune. Archived from the original on 12 October 2016. Retrieved 12 October 2016.
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