Textiles and Jute Minister Khandaker Abdul Muktadir announced that six closed jute mills will be leased to the private sector by December. He made the statement during a press briefing at the Secretariat in Dhaka on Thursday morning. The minister said the initiative is expected to bring investments ranging from 200 to 500 crore taka and create new employment opportunities.

The announcement marks a step toward revitalizing the jute industry through private sector participation. The government aims to attract investment and generate jobs by transferring management of the closed mills to private operators. The decision follows ongoing efforts to improve efficiency and productivity in the sector.

If implemented as planned, the leasing process could help restore industrial activity in the affected areas and contribute to broader economic growth through renewed jute production and export potential.