Over 400 garment factories shut down in three years: Muktadir
Sangsad Bhaban, Sept. 3 -- Over 400 garment factories have shut down in Bangladesh over the past three years due to a range of domestic and global challenges, Commerce Minister Khandakar Abdul Muktadir said in Parliament on Thursday.
"From July 2023 to June 2026, 282 member factories of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and 120 member factories of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) have closed," he said.
Garment production hit in Savar as fuel crisis, load shedding disrupt operations
The minister gave the information in a written reply to a question from Bangladesh Jamaat-e-Islami MP Md Ruhul Amin.
Referring to a report published by BGMEA on June 22, he said the...
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