Feasibility Study of Jute Mill Setup in Bangladesh
FEASIBILITY REPORT
OF
KHAN JUTE MILLS LTD
Office Factory
19/8 Tajmahal Road, Charmuguria,
Block – C Madaripur.
Mohammadpur,
Dhaka
Back ground and Importance of the project
Bangladesh is one of the third world countries. National economy of this country is best with enormous natural calamities like flood, drought etc. Besides, the country is facing tremendous unemployment problem. It is over populated and the per capital income is alarmingly low. While the agricultural sector of the country contributes about 65% of the gross domestic product (GDP), the contribution of the industrial sector is about 10% still then the country is required to speed up the process of industrialization to increase domestic production for local consumption, import substitute and for export. The rapid industrialization will also help to solve unemployment problem.
The Government of Bangladesh has therefore formulated industrial policy allowing enough fiscal and monetary benefits to attract the investors to set up industries, particularly, the government has put much emphasis for setting up of agro-based export substitute industries which will ultimately contribute to the valuable foreign exchange savings of the country. Some of the main features of the new industrial policy are:
← To develop export oriented, export linkage backward and efficient import substitute industries. ← To especially encourage the development of export oriented Garments & its backward linkage industries. ← And above all, to develop the industrial sector in order to increase its contribution to the GDP, income, resources and employment.
The contribution of this sub-sector to GDP is about 5% and employs about 5 million people directly and indirectly. The country’s
OF
KHAN JUTE MILLS LTD
Office Factory
19/8 Tajmahal Road, Charmuguria,
Block – C Madaripur.
Mohammadpur,
Dhaka
Back ground and Importance of the project
Bangladesh is one of the third world countries. National economy of this country is best with enormous natural calamities like flood, drought etc. Besides, the country is facing tremendous unemployment problem. It is over populated and the per capital income is alarmingly low. While the agricultural sector of the country contributes about 65% of the gross domestic product (GDP), the contribution of the industrial sector is about 10% still then the country is required to speed up the process of industrialization to increase domestic production for local consumption, import substitute and for export. The rapid industrialization will also help to solve unemployment problem.
The Government of Bangladesh has therefore formulated industrial policy allowing enough fiscal and monetary benefits to attract the investors to set up industries, particularly, the government has put much emphasis for setting up of agro-based export substitute industries which will ultimately contribute to the valuable foreign exchange savings of the country. Some of the main features of the new industrial policy are:
← To develop export oriented, export linkage backward and efficient import substitute industries. ← To especially encourage the development of export oriented Garments & its backward linkage industries. ← And above all, to develop the industrial sector in order to increase its contribution to the GDP, income, resources and employment.
The contribution of this sub-sector to GDP is about 5% and employs about 5 million people directly and indirectly. The country’s