21 factories shut in 7 months, leaving hundreds unemployed in N’ganj

Narayanganj, 5 March —A total of 21 factories have closed in Narayanganj, leaving hundreds of workers unemployed in the past seven months.

As a result, they now face a financial crisis and are protesting for the reopening of the factories and payment of overdue wages.

According to sources, the closures have occurred for three primary reasons. Many factory owners shut down operations due to a financial crisis and a lack of purchase orders.

Besides, some factories owned by people with ties to the Awami League were targeted in violent protests, including vandalism and arson, due to their political affiliations. Finally, some factories owned by businessmen connected to the previous Awami League government have fallen into disrepair, with the owners reportedly in hiding.

BKMEA President Mohammad Hatem said that workers of these closed factories are struggling to collect their unpaid wages and allowances, with compensation pending in almost all cases.

While some workers have found new jobs or returned to their villages, many remain unemployed.

There are approximately 2,000 industrial establishments in the Narayanganj, Narsingdi, and Munshiganj districts.

Of these, 23 have permanently shut down, resulting in the loss of jobs for around 6,000 workers.

Industrial Police-4 officials reported that 21 factories, including Green Bangla Home Tex Industries, Asian Falcon Garments, GL Fashion, Master Textile, West Best Attire, and Star Cutting and Engineering, have closed in the last seven months due to financial difficulties and a lack of purchase orders.BSS