Commerce, Industry and Textiles Minister Khandaker Abdul Muktadir announced that the government is implementing an integrated and timely action plan to revive the country’s industrial sector, stabilize markets, and ensure the safe supply of essential goods. Speaking to reporters after the fourth session of the Deputy Commissioners’ Conference in Dhaka, he said reopening sick and closed factories to boost production and employment is a top government priority.

The minister stated that around 50 closed or ailing textile and jute mills are being gradually transferred to the private sector to attract new investment and create jobs within a year. He highlighted that district administrators proposed measures for industrial revival, new industrial zones, reopening sugar mills, and establishing distilleries to expand exports. The government will consider these proposals seriously.

Muktadir also revealed plans for an AI-based supply chain monitoring system to reduce price gaps from producers to retailers, a strategic reserve for import-dependent goods to counter global volatility, and a strengthened advisory council for the Trading Corporation of Bangladesh. Ahead of Eid-ul-Azha, he announced a special plan to preserve raw hides through training, salt supply, and transport control.