Bangladesh Jute Mills Corporation (BJMC, ) is a public corporation that manages all government-owned jute factories and industries in Bangladesh. The corporation is located in Dhaka, the capital city of Bangladesh.[1] In addition to the jute mills, it also owns several public entities in other fields for the purposes of funding and revenue collection.[2][3]
History
The BJMC corporation was formed in 1972 when the government of Bangladesh nationalised all the jute mills in the country as part of an effort to institute new socialist policies.[1] Headquartered at Motijheel, Dhaka, the corporation is currently responsible for managing nine state-run jute mills in Bangladesh,[4]