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BTMA worried over gas supply halt in N'ganj

FE REPORT | June 24, 2022 00:00:00

Bangladesh Textile Mills Association (BTMA) on Thursday expressed grave concern over the huge financial losses following the halt in production in textile mills due to the disruption to gas supply in Narayanganj.

Production in hundreds of Narayanganj-based factories, including 40 export-oriented spinning mills, knit and woven fabric manufacturing and processing mills, has remained halted for the last seven days because of suspension of gas supply, it said in a statement.

Gas supply has been suspended since June 17 as a gas pipeline got damaged because of pilling work in Adamjee Export Processing Zone.

As a result, factories could not supply required yarn and fabric to readymade garment exporters, said the trade body.

"Export-oriented textile mills have already incurred financial losses worth Tk 25 billion," it claimed.

The losses would increase further as millers are forced to make airshipments to meet leadtime, the BTMA feared.

It also feared of losing work orders, saying that it is uncertain when the repair work would be complete.

The BTMA also expressed concern that labour situation might deteriorate over wage and other payments ahead of Eid-ul-Azha if the pipe repair work is not done shortly.

The BTMA urged the Titas Gas authority to complete the repair work by today (Friday) on priority basis and resume supply of gas to restart production activities.

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