VOL NO REGD NO DA 1589

Wednesday, February 01, 2006

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HEADLINE
 
Adamjee comes to life again
2/1/2006
 

          The forlorn compound of the famous Adamjee Jute Mills, now almost a forgotten name, again comes to life with productive activity as officials said new-generation industrial units there would go into operation in the first week of March. Adamjee, the world's largest jute mill that was closed down following alleged mismanagement and financial losses, has turned into an industrial park for accommodating newer brands of industrial plants in place of the behemoth. On July 1, 2002, the government, on an IMF policy prescription, shut the gate of the mill to some 25,000 workers. After the closure, around 200 industrial plots have been developed at the mill's site to accommodate many industries replacing the lone Adamjee. UNB

 

 
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