Bangladesh Sugar & Food Industries Corporation (BSFIC)

Bangladesh Industries Bangladesh Sugar & Food Industries Corporation (BSFIC) emerged as a single corporate body from 1st July, 1976 which is the result of merging of two separate Corporation, i.e., Bangladesh Sugar Mills Corporation (BSMC) and Bangladesh Food & Allied Industries Corporation (BFAIC) which were established on 1st July, 1972 under Presidential Order No. 27 of 26th March, 1972. BSFIC is a Sector Corporation under the Ministry of Industries.

The general administration of the affairs and business of the corporation is vested with a Board of Directors comprising Chairman and five Directors (Finance, Marketing, Production & Engineering, Planning & Development and Cane Development & Research).

Aims & Objectives of the Corporation:

The basic objective of BSFIC is to help in building the national economy through:

Implementation of the industrial policy of the government;

Identification and preparation of new development projects with the approval of the government;

Proper implementation of the approved development projects;

Planning and implementation of sugarcane development schemes for the smooth operation of the enterprises at maximum level of efficiency;

Development of human resources at high level of efficiency;

Making available import substitute and quality products at reasonable prices.