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Ramu rubber garden profits after 46 years

Ramu rubber garden, run by Bangladesh Forest Industry Development
Corporation (BFDC), made a profit of Tk 2.15 crore in last three
years after continuous losses for long 46 years. BFDC officials said
the rubber garden earned neat profits of Tk 1.16 crore in fiscal
year 2006-07 , Tk 83 lakh in 2007-08 , and Tk 15.53 lakh in
2008-09. The garden presently has 66 ,000 productive trees on its
over 2 ,682 acres of land. Some trees were cut down on expiry of
their lifecycles. Saplings were planted afresh on 432 acres of land
from where the old threes were cut down, officials said. The new
trees will come under production in the current fiscal 2009-10.
Saplings are also being planted in phases on 250 acres of land. The
total number of trees in the garden will cross 2 lakh within a few
years. In FY 1960-61 , the then Pakistan government set up the first
rubber garden of East Bengal at Ramu, some 18 kilometres off Cox's
Bazar. Assistant General Manager of the garden Mohammad Masuk Ahmad
said the garden had incurred loses for long 45 to 46 years for
various problems. Now development activities are going on at the
initiative of the BFDC. "If the present situation continues, the
amount of profit in Ramu rubber garden will cross Tk 5 crore in the
next two to three years," Ahmad added. Presently, some 150 persons
are working in the garden. Of them, 22 officers and employees and
18 night guards are the staff of BFDC and the rest work on daily
payment basis.