Chandraghona

Chandraghona

Chandraghona is forty-eight kilometers from Chittagong on the Kaptai Road. One of the biggest paper mills(Karnaphuli Paper Mills Limited) in Asian is located here. There is also a rayon factory.

Coordinates: 22°29′N 92°08′E / 22.483°N 92.133°E / 22.483; 92.133 Chandraghona is a nice area between Kaptai and Ranguni. It is 24 km from Bahaddarhut bus station.. The 2nd largest crop field of Bangladesh"Gumai Jheel" is here. The natural scenes of Chandraghona is very nice. Green hills cover it and the Karnafully River flows beside it. You can meet here Chakma, Marma and many kinds of culture. Many Old Buddhist temples are available here. You will really enjoy your visiting here. It is famous for KARNAPhuli PAPER MILL which is situated bank of Karnaphuli.Karnaphuli Paper Mills was the first paper manufacturing industrial establishment registered under the Factories Act. At the time of its establishment, it was the biggest paper mill in Asia, with over 3,000 workers. It was established under a World Bank loan supported by a consortium of suppliers from the United States, United Kingdom, Germany, Sweden and Italy. The factory went into production in 1953 with an installed capacity of 30,000 tons of paper per year. The capacity utilization, however, went down within a few years of its establishment. In 1964, Karnaphuli Paper Mills was sold to the Dawood Group of Pakistan, which undertook a balancing, modernization and rationalization program. Karnaphuli Paper Mills sold its paper to both East and West Pakistan. The price of its paper was the same in both wings. As a result, users of Karnaphuli Paper Mills paper in East Pakistan paid a price higher than its actual cost plus a normal profit. They compensated for the cost of transportation of the paper to West Pakistan and thus implicitly financed the subsidy enjoyed by its users in that province.[1]

References

  1. ^ http://en.wikipedia.org/wiki/Karnaphuli_Paper_Mills

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