Govt plans rubber wood treatment plant in Sreemangal | The Daily Star
12:00 AM, December 25, 2015 / LAST MODIFIED: 02:14 AM, December 25, 2015

Govt plans rubber wood treatment plant in Sreemangal

Bangladesh Forest Industries Development Corporation (BFIDC) will set up a rubber wood pressure treating plant at Sreemangal in Moulvibazar.

The project estimated to cost Tk 18.38 crore would help treat around 13.20 crore rubber wood annually, said a press release.

A total of 132,817 rubber trees in four gardens in Sreemangal have passed their economic lifecycle. If the trees are sold as firewood they would get Tk 4 crore, but their value would jump to Tk 74 crore if treated, it added.

To implement the project, BFIDC Secretary Gias Uddin and Managing Director of GEN AIR BD Limited M Zobaidul Islam Chowdhury signed a contract at BFIDC office in the capital's Motijheel.

Environment and Forests Secretary Dr Kamal Uddin Ahmed, among others, was present at the signing ceremony. 

Stay updated on the go with The Daily Star Android & iOS News App. Click here to download it for your device.

Grameenphone:
Type START <space> BR and send SMS it to 22222

Robi:
Type START <space> BR and send SMS it to 2222


Banglalink:
Type START <space> BR and send SMS it to 2225

Leave your comments

Top News

Top News

Top