Dhaka, July 4 -- Prime Minister Tarique Rahman on Saturday directed officials to expedite the process of reopening loss-making and closed state-owned factories through local and foreign investment.

He gave the directive at a meeting at the Prime Minister's Office to review the progress of the initiative, said PM's Deputy Press Secretary Hasan Shiplu.

The meeting was informed that a number of private companies expressed interest in investing in the factories.

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The proposals submitted by the companies to set up different industrial units will now undergo feasibility studies.

The Prime Minister stressed the need to complete the entire process in a transparent manner...