Bangladesh Sugar and Food Industries Corporation or BSFIC, is a government owned corporation in

Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...

that is charge of sugar production.

History

Bangladesh Sugar and Food Industries Corporation was established on 1 July 1976. AKM Delwar Hossain is the present chairman of the corporation. It is in charge of 15 state run sugar mills in Bangladesh. The agency has been trying to export sugar to Europe. Private dealers in 2012 were not taking orders from the corporation as it was selling to them at higher price then the market rate. It has lobbied for more tariffs on imports to increase sales and reduce its stockpile of sugar. In 2014 the corporation started selling sugar at 40

taka The Bangladeshi taka ( bn, টাকা, sign: , code: BDT, short form: Tk) is the currency of the People's Republic of Bangladesh. In Unicode, it is encoded at . Issuance of bank notes 10 and larger is controlled by Bangladesh Bank, whil ...

per kg which is half the production cost.

Notable companies

* Carew & Co (Bangladesh) Ltd * Joypurhat Sugar Mill * Shyampur Sugar Mills * Renwick Jajneswar & Co Limited

References

1976 establishments in Bangladesh Government-owned companies of Bangladesh Manufacturing companies based in Dhaka Sugar mills in Bangladesh Food and drink companies of Bangladesh Agriculture companies of Bangladesh {{food-company-stub