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BTMA urges Bangladesh govt to import gas at the soonest

Bangladesh Textile Mills Association (BTMA) acting president Mohammad Ali Khokon urged the government at the ongoing 15th Dhaka International Textile and Garments Machinery Exhibition to accelerate the process of liquefied natural gas (LNG) import as per plans to overcome the current power crisis that has slowed down investment in the textile sector.

The improvements in the power sector are inadequate for the heavy textile industry, which is also concerned about the huge deficit in the gas sector, Bangladesh media quoted him as saying.

Jointly organized by the BTMA and Yorkers Trade and Marketing Company, the February 8-11 exhibition is hosting 1,100 exhibitors from 36 countries, including Austria, Belgium, Brazil, China, Denmark, France and Germany.

The government and readymade garments manufacturers are jointly working to attain $50 billion export target by 2021, said state minister for finance MA Mannan, who was the chief guest at the inaugural ceremony.

The minister assured the industry representatives about the government’s commitment to do everything possible to boost the textile industry. (DS)

Source:https://www.fibre2fashion.com/news/textile-news/btma-urges-bangladesh-govt-to-import-gas-at-the-soonest-240547-newsdetails.htm