Dhaka, Aug. 11 -- The government on Tuesday signed lease agreements with two private business groups to reopen three long-closed state-owned jute mills, involving an investment of around Tk 619 crore and an opportunity to create at least 11,629 jobs.

The agreements were signed between Bangladesh Jute Mills Corporation (BJMC), PRAN-RFL Group and HAMCO Group in the presence of Prime Minister Tarique Rahman at his office at the Secretariat, said PM's Deputy Press Secretary Hasan Shiplu.

Under the agreements, PRAN-RFL Group will take over National Jute Mills Ltd in Sirajganj and Star Jute Mills Ltd in Khulna, while HAMCO Group will take over Platinum Jubilee Jute Mills Ltd in Khulna.

BJMC Chairman Brig Gen Md Kabir Uddin Sikder signed the ...