Bangladesh Jute Mills Corporation

Bangladesh Jute Mills Corporation (BJMC, Bengali: বাংলাদেশ পাটকল করপোরেশন) 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[which?]

[2][3] 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.

[5] In 2016, the government announced plans to upgrade the jute mills by spending $340 million USD with Chinese assistance.