Good number of Ctg industries fail to go into operation for lack of gas
Our Correspondent | Thursday, 24 July 2008
CHITTAGONG, July 23: Despite investing huge amounts of capital, a good number of industrial organisations including export-oriented ones located in different parts of Chittagong cannot go for industrial production as these have not yet been provided with gas connection. This has put the industrial owners into severe financial crisis and compelled them to count bank interest, business sources said.
Although the concerned industrial owners have approached Bakhrabad Gas Systems Limited (BGSL) time and again seeking gas connection, no positive response has so far been received from the said organisation.
On the other hand BGSL authority has clearly informed the different industrial organisations that it is not possible on their part to provide gas supply within next two months.
As such it has rather become impossible for the concerned industrial units to go for production. Most of these industrial units were established on being assured of gas supply by the BGSL authority; and in such a situation, they are now compelled to pay their employed workers and employees even without work.
The very existence of cent per cent export-oriented factory Shah Amanat Knitting Industry located at Hulian under Patiya Upazila of the district is at stake. Despite completion of all the relevant tasks, only lack of gas connection is hindering its production. Availability of gas connection is uncertain. Side by side, reminders for payment of bank loan are likely to come shortly.
Similar crisis has also gripped Regent Spinning Mills Ltd and Mum Textile Mills Limited. As these two industrial units cannot go for production only due to lack of gas connection, concerned authorities are apprehending huge financial losses.
Although the concerned industrial owners have approached Bakhrabad Gas Systems Limited (BGSL) time and again seeking gas connection, no positive response has so far been received from the said organisation.
On the other hand BGSL authority has clearly informed the different industrial organisations that it is not possible on their part to provide gas supply within next two months.
As such it has rather become impossible for the concerned industrial units to go for production. Most of these industrial units were established on being assured of gas supply by the BGSL authority; and in such a situation, they are now compelled to pay their employed workers and employees even without work.
The very existence of cent per cent export-oriented factory Shah Amanat Knitting Industry located at Hulian under Patiya Upazila of the district is at stake. Despite completion of all the relevant tasks, only lack of gas connection is hindering its production. Availability of gas connection is uncertain. Side by side, reminders for payment of bank loan are likely to come shortly.
Similar crisis has also gripped Regent Spinning Mills Ltd and Mum Textile Mills Limited. As these two industrial units cannot go for production only due to lack of gas connection, concerned authorities are apprehending huge financial losses.