Industries Adviser Adilur Rahman Khan has announced that the government has started selling locally produced sugar through the Trading Corporation of Bangladesh (TCB), and the initiative will continue for now, says BSS report.
He said sugar imports have been temporarily suspended as the government moves to prioritise the sale of sugar currently stored in state-owned sugar mills.
The adviser shared the update on Saturday while speaking to journalists after inspecting renovation work at the Uttara Ganabhaban in Natore.
Local Sugar Mills Need Investment
Adilur Rahman Khan stressed that sugar mills under the Bangladesh Sugar and Food Industries Corporation (BSFIC) cannot remain operational solely through government subsidies.
“To ensure long-term sustainability, both local and foreign investments are essential,” he said, adding that discussions with potential investors are already underway. He expressed optimism that the sector would see positive outcomes soon.
Existing Mills Meet Only a Fraction of National Sugar Demand
After visiting the renovation site, the Industries Adviser also toured Natore Sugar Mills Ltd, where he noted that current production levels fall far short of the country’s total sugar demand.
“We have to enhance sugar production capacity,” he said, highlighting the need for modernisation and increased efficiency across the sugar industry.