Japanese company keen to invest in KPM
Efforts on to make KPM profitable: Barua
Dhaka, July 30 (UNB) – Angelica (JB) Limited, a Japan-Bangladesh joint investment company, has expressed interest to invest in Karnaphuli Paper Mills (KPM) for increasing its productivity and diversifying products through utilisation of environment-friendly technology.
The company proposed to constantly supply raw materials to the KPM through producing hybrid bamboos. Apart from that, it proposed to invest for producing environment-friendly toilet paper, tissue, towel and napkin from bamboos.
Top officials of the company put forward their proposals to Industries Minister Dilip Barua during a meeting at Shilpa Bhaban on Monday. President of the company N Ahsan William led the delegation.
Industries Secretary KM Masud Siddiqui, Additional Secretary ABM Khorshed Alam, Bangladesh Sugar and Food Industries Corporation Chairman Mahmud-ul Haque Bhuiya, Angelica (JB) Limited Directors Yamashita Norio and Koichiro Otha, General Manager Habibur Rahman and Executive Hydeyuki Saito were present.
During the meeting, the delegation members said they are interested to produce hybrid bamboos in the areas adjacent to the KPM.
The total annual demand for the KPM’s raw materials can be met with the production (hybrid bamboos) of six months, they said.
The company officials also proposed to produce hybrid sugarcane for the state-owned sugar mills.
Dilip Barua welcomed the proposals and said the government will accept proposals and technological supports if these turn out to be sustainable for the climate and environment.
He said the government is working to make the state-owned KPM profitable. “Efforts are on to make KPM profitable. At the same time, we’re working to boost production in the state-owned sugar mills.”
The company proposed to constantly supply raw materials to the KPM through producing hybrid bamboos. Apart from that, it proposed to invest for producing environment-friendly toilet paper, tissue, towel and napkin from bamboos.
Top officials of the company put forward their proposals to Industries Minister Dilip Barua during a meeting at Shilpa Bhaban on Monday. President of the company N Ahsan William led the delegation.
Industries Secretary KM Masud Siddiqui, Additional Secretary ABM Khorshed Alam, Bangladesh Sugar and Food Industries Corporation Chairman Mahmud-ul Haque Bhuiya, Angelica (JB) Limited Directors Yamashita Norio and Koichiro Otha, General Manager Habibur Rahman and Executive Hydeyuki Saito were present.
During the meeting, the delegation members said they are interested to produce hybrid bamboos in the areas adjacent to the KPM.
The total annual demand for the KPM’s raw materials can be met with the production (hybrid bamboos) of six months, they said.
The company officials also proposed to produce hybrid sugarcane for the state-owned sugar mills.
Dilip Barua welcomed the proposals and said the government will accept proposals and technological supports if these turn out to be sustainable for the climate and environment.
He said the government is working to make the state-owned KPM profitable. “Efforts are on to make KPM profitable. At the same time, we’re working to boost production in the state-owned sugar mills.”
Comments
No Comments on this News
