12 Aug 2022

Bangladesh State Minister for Power, Energy and Mineral Resources has announced plans for new waves of closures to cope with the ongoing power crisis, writes ILM.

 

 

Reportedly, the country will introduce an industrial zone weekly closure, an escalation from the current Friday closures. However, it is understood that the power cuts will not impact tanners or leather products manufacturers at the moment.


Minister Nasrul Hamid told business leaders that proposed measures would save 490-500MW daily and that it would be possible to provide uninterrupted power supply across the country from October by importing more gas and increasing power generation.


While some business owners, such as those in the garment industry, fear that they will still face production losses as companies are already overwhelmed by increases in fuel costs. Tanneries and leather product manufacturers are reportedly expecting no further impacts.

About APLF

We bring leather, material and fashion businesses together: an opportunity to meet and greet face to face. We bring them from all parts of the world so that they can find fresh partners, discover new customers or suppliers and keep ahead of industry developments.

 

We organise a number of trade exhibitions which focus on fashion and lifestyle: sectors that are constantly in flux, so visitors and exhibitors alike need to be constantly aware both of the changes around them and those forecast for coming seasons.

 

APLF Fairs follow Informa AllSecure, Informa’s approach to enhanced health and safety standards at events in the aftermath of COVID-19.

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