Bangladesh's government-operated liquor manufacturer Carew & Co. faces significant delays in its modernization efforts. The project began in April 2012 with approval from ECNEC and an initial budget of Tk46.57 crore. Officials expected completion by June 2014 but have extended the deadline eight times to June 2026. Current spending reaches Tk80 crore, representing 78.32% of the revised Tk102 crore budget.
Security concerns following Bangladesh's government change prevented Indian technical specialists from entering the country. This situation halted the final production trial run and forced project extensions. The Bangladesh Army collaborates with Bangladesh Machine Tools Factory to oversee implementation while awaiting specialist access.
Despite delays, Carew officials maintain optimism about completing the remaining 20% of work. The 87-year-old company produces sugar, wine, vinegar, and fertilizer from sugarcane. Management projects Tk141 crore in government revenue and Tk120 crore profit this year, demonstrating continued profitability during modernization.
Security concerns following Bangladesh's government change prevented Indian technical specialists from entering the country. This situation halted the final production trial run and forced project extensions. The Bangladesh Army collaborates with Bangladesh Machine Tools Factory to oversee implementation while awaiting specialist access.
Despite delays, Carew officials maintain optimism about completing the remaining 20% of work. The 87-year-old company produces sugar, wine, vinegar, and fertilizer from sugarcane. Management projects Tk141 crore in government revenue and Tk120 crore profit this year, demonstrating continued profitability during modernization.
