Dhaka, April 23 -- The government has decided to lease out six more closed jute mills to the private sector by December this year.

The decision has been justified by the need to revive production, generate employment, and boost export earnings.

Textile and Jute Minister Khandaker Abdul Muktadir shared the update on Thursday following an emergency meeting with stakeholders at the ministry's conference room, according to the ministry.

Preliminary projections expect each mill to receive investment ranging from Tk 2 billion to Tk 5 billion, and create more than 1,000 jobs.

"Our plan is to bring all mills under the Ministry of Textiles and Jute back into production -- some within the jute sector and others through diversified industrial in...