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Tea auction centre to open in Panchagarh

Industry: Agriculture & Livestock, Agro

The upcoming tea auction centre in Panchagarh, a district located in the northwest border of Bangladesh, is expected to commence operations next month, following the existing centres in Chattogram and Sreemangal, Sylhet. The necessary preparations for the auction centre have been completed. The Tea Traders Association of Bangladesh organized the event with the aim of ensuring efficient operations at the auction centre. The establishment of the Panchagarh centre will result in reduced transportation costs for tea producers in the northern region of the country.

Initially, the centre will operate virtually before gradually transforming into a fully functional auction centre. Islam emphasized that the centre’s activities will contribute to the improvement of tea quality. During the meeting a tea development officer of the Bangladesh Tea Board, presented a paper highlighting the presence of approximately 12,079 acres of tea gardens across five northern districts, including Panchagarh. These gardens produced around 1.78 crore kilograms of processed tea worth Tk 260 crore last year, accounting for 19% of the nation’s total tea cultivation.

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