State-owned Dhaka Steel Works Ltd reopens after 24 years

Published : 17:10, Jul 06, 2018 | Updated : 17:56, Jul 06, 2018

Melting Steel. REUTERSState-owned re-rolling mill, Dhaka Steel Works Limited, has restarted its operation after remaining shut for 24 years.
Industries Minister Amir Hossain Amu reopened the mills on Thursday at a function at the factory complex in Gazipur with Industries Secretary Muhammad Abdullah in the chair.
Speaking as the chief guest, Amu said the Dhaka Steel Works Limited will turn into a large industry soon as the government has made a plan to launch two more units of the factory.
He underscored the need for producing environment friendly products to make the industry a profitable one.
The industries minister urged the officials, employees and workers of the factory to work with transparency and integrity for making profits.
Dhaka Steel Works Limited was nationalised in 1972 at the order of then President. Bangladesh Steel and Engineering Corporation (BSEC) took the responsibility to manage the factory situated in Gazipur.
Later, in 1994, the then BNP government shut it down.
In 2016, the resumption process of the factory started following the declaration of Prime Minister Sheikh Hasina.
Concerned government agencies were later requested to provide gas, electricity and water connections to the factory for its revival.