Achievement in the Privatization

A World Bank study (1994) reveals that, around 305 state owned enterprises (SOEs) comprising industrial, commercial and financial institutions were put under public ownership by 1974-75. However, the size of the public sector enterprises have reduced considerably after the paradigm shift in the government’s economic policy towards privatization.

Since the establishment of the Privatization Board in 1993 and thereafter the Privatization Commission in 2000, 74 state owned enterprises were privatized of which 54 were privatized through outright sale and 20 through offloading of shares. Privatization activities are gaining a momentum. This reflects the increased participation of the private sector in privatization.


Year-wise status of privatization



Sector-wise distribution of privatized enterprises

While considering the sector-wise distribution of privatized enterprises, the privatized 74 enterprises belong to textiles, jute, manufacturing, chemicals, food, leather and banking sector.




Achievement from 1993 to Till Date


A. During the period 1993 to Till Date (Enterprises Privatized through tender-54)
Sl No. Name of the Enterprise
1. Madaripur Textile Mills, Madaripur
2. Sharmin Textile Mills Ltd., Dhaka
3. Kishoreganj Textile Mills, Kishoreganj
4. Kohinoor Spinning Mills, Dhaka
5. Zofine Fabrics Ltd., Dhaka
6. Barisal Textile Mills, Barisal
7. Bangladesh Cycle Industries, Dhaka
8. Purbachal Jute Industries, Jessore
9. Bangladesh Cold Storage, Munshiganj
10. Royal Textile, Bandarban
11. I.K. Industries, Chittagong
12. Feroz Ata Dal Mills, Khulna
13. National Ice Factory, Kishoreganj
14. B.G. Bangla Rice Mills, Thakurgaon
15. Engineering Industries Ltd., Tongi
16. Can Making & Tin Printing Plant, Chittagong
17. Zeenat Textile Mills Ltd., Tongi
18. Meghna Textile Mills, Tongi, Gazipur
19. Olympia Textile Mills, Tongi, Gazipur
20. Monno Textile Mills, Tongi, Gazipur
21. Fine Cotton Mills, Tongi, Gazipur
22. Luxminarayan Cotton Mills, Narayanganj
23. Pylon Industries Ltd., Chittagong
24. Kariline Silk Mills, Fouzderhat, Chittagong
25. Dhaka Cotton Mills, Dhaka
26. Deshbandhu Sugar Mills Ltd., Narsingdi
27. Mymensingh Jute Mills Ltd., Mymensingh
28. Nishat Jute Mills Ltd., Tongi, Gazipur
29. Corn Flour Mills Ltd., Narayanganj
30. Cabinet Manufacturing Plant, Daulatpur, Khulna
31. Wood Treating Plant, Daulatpur, Khulna
32. Mangrove Tanin Plant, Daulatpur, Khulna
33. Bangladesh Oil Mills, Khulna
34. Kaliachapra Sugar Mills Ltd., Kishoreganj
35. Fish Export, Khulna
36. Bawa Jute Mills, Narayanganj
37. Service Facilities Center (SFC), Sirajganj
38. Noakhali Textile Mills Ltd., Laxmipur
39. Kohinoor Bettary Manufacturers Ltd., Tongi
40. Nabarun Jute Mills, Narayanganj
41. Sangu Vally Timber Industries, Chittagong
42. Hafiz Textile Mills Ltd., Chittagong
43. Fisheries Net Factory, BSCIC I/A, Ashoktola, Comilla
44. Fisheries Net Factory (Mongla), BSCIC I/A, Ashoktola, Comilla (Only Machineries)
45. Fisheries Net Factory, Chittagong Fish Harbor
46. Sylhet Pulp & Paper Mills Ltd., Sunamganj
47. Amin Agencies Ltd., Chittagong
48. Kokil Textile Mills Ltd, Brahmanbaria
49. Dockyard & Engineering Works, Narayanganj
50. Dosha Extruction, Chittagong
51. Bangladesh Diesel Plant, Joydebpur, Gazipur
52. Ashrafia Oil Mills, Khulna
53. Satrang Textile Mills, Tongi, Gazipur
54. Bangladesh Cold Strage, Khulna

B. During the period 1993 to till date (Privatized by Sale of Govt. Shares-20)
Sl No. Name of the Enterprise
1. Kohinoor Chemical Company, Dhaka
2. Chittagong Cement Clinker Company, Chittagong
3. Eagle Box & Cartoon Manufacturing Co., Dhaka
4. Squibb (Bangladesh) Ltd., Dhaka
5. Dhaka Vegetable Oil, Dhaka
6. Berger Paints Bangladesh Ltd., Chittagong
7. Seimens Bangladesh Ltd., Dhaka
8. Van Omeran Tank Terminal Ltd., Chittagong
9. International Oil Mills Ltd., Chittagong
10. Reckit & Colman (BD) Ltd.
11. Metalex Corporation Ltd.
12. National Iron & Steel Industries Ltd., Chittagong
13. Islami Bank Bangladesh Ltd.
14. Eastern Bank Ltd.
15. National Bank Ltd.
16. Lira Industrial Enterprise, Tongi
17. Bangladesh Monospool Paper Manufacturing Co. Ltd.
18. Ujala Match Factory Ltd., Narayanganj
19. Tiger Ware (Re-rolling) Mills Ltd., Siddhirganj
20. Eastern Industries Ltd., Tejgaon, Dhaka