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Bangladesh Ordnance Factories
, type = State-owned enterprise , location = , founded = , location_city = Gazipur, Dhaka Division , location_country = Bangladesh , area_served = Bangladesh , key_people = Major General Sayed Tareq Hussain (Commandant) , products = Firearms, Artillery, Fuses, Detonators, Explosives. , revenue = , operating_income = , net_income = , owner = Bangladesh Army , num_employees = , parent = , subsid = , division = , homepage = , footnotes = Bangladesh Ordnance Factories (BOF) is the largest industrial supplier of the Bangladesh Army. Situated in Gazipur, it produces arms, ammunition, and equipment for the Bangladesh Armed Forces. History The establishment of a rifle factory and small-arms ammunition plant for Pakistan Army began in 1968 with the technical and financial assistance of the People's Republic of China. The facility was inaugurated on 6 April 1970. Although it suffered considerable damage during the Bangladesh Liberation War in 1971, its capab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
