S Alam and Co, one of the leading industrial groups of the country, joined hands with the government for sugarcane production and modernisation of sugar mills in Bangladesh to make the sugar industry profitable.
These projects would be implemented with the Bangladesh Sugar and Food Industries Corporation and the Ministry of Industries, said a press release.
The projects include improved sugarcane production and training of farmers using technology, construction of modern sugarcane processing factories, 6MW power co-generation, construction of agro-voltaic solar power plants, construction of by-product-based plants, development of cold storage and agro-processing industries, construction of packaging factory etc.
The memorandum of understanding signing ceremony of this initiative was attended by industries minister Nurul Majid Mahmud Humayun, senior secretary Zakia Sultana, SM Alam, additional secretary (ctate-owned corporation), Md Shamimul Haque, additional secretary (planning), Ministry of Industries, and Nagib Mahfuz, manager, technical service, SS Power I Limited, were also present on behalf of S Alam and Co, among others, were present.