20th February 2018
EP Report

   Shortage of gas, electricity and land has slowed down the growth of investments in the country's primary textile sector during a couple of years, BTMA leaders claimed recently.

 

The leaders of Bangladesh Textile Mills Association (BTMA) said they will also take action against its members who are engaged in fraudulence in getting loans from the banks as real businesses face scarcity of funds due to these dishonest traders.

 

"…to our knowledge, only two to three new textile mills came into being and those having gas and electricity connection went for expansion in last four years," BTMA acting president Md Ali Khokon said while speaking at a press conference held in the city.

 

Despite a stable political situation, there has not been investment at the desired level in the country's primary textile sector, he said, adding that the main reasons that have hindered the growth of investment are gas and electricity crises and shortage of land.

 

The industries operating in areas running between Gazipur and Rajendrapur have been facing an acute shortage of gas. The pressure of gas at daytime remains very low, he said, adding that no new gas connection is also being extended to factories for captive power generation.

 

The conference was organized to feature the 15th edition of a four-day Dhaka International Textile and Garment Machinery Exhibition 2018 that starts tomorrow (Thursday) at the Bangabandhu International Conference Centre (BICC).

 

The show, popularly known as DTG-2018, is being organized jointly by the BTMA and the Yorkers Trade and Marketing Service.


comments
leave a comment

Create Account



If you have already registered , please log in

Log In Your Account



Download The Anniversay 2018



Share