Bangladesh’s Industrial Sector on the Brink Due to Yunus Government’s Anarchy and Mismanagement!

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Published on April 30, 2025
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A devastating crisis is unfolding across the country’s industrial zones, particularly in Chattogram and Dhaka. Key sectors like steel, garments, textiles, and ceramics face an existential threat.

Over the past seven months, skyrocketing gas and electricity prices — coupled with severe supply shortages — have forced the closure of at least 50 factories, while hundreds of new investment projects have stalled.

Industrialists are now openly stating — this crisis is no accident, but a direct result of the catastrophic failure and corruption of the Yunus regime.

In 2023, gas prices for industries rose by a staggering 178%, followed by an additional 33% hike in April 2025.

Electricity prices have been increased 9 times over the last 14 years.

Yet, despite the hikes, there has been no effective effort to ensure a proper gas and electricity supply.
As a result, steel plants, textile mills, garment factories, and fertiliser plants are now on the verge of collapse.

Experts warn:

  • 62% of the steel industry in Chattogram is at risk of closure.
  • At least 50 garment factories have already shut down.
  • Hundreds of projects in Mirsarai Industrial City and Anwara’s Sad Musa Industrial Park are now suspended.
  • Production of critical products like rods, cement, and urea fertiliser is severely disrupted, pushing the economy into a deep crisis. 

Industry leaders like Almas Shimul (GPH Ispat) and Nasir Uddin (BGMEA) have bluntly said:

"Due to energy mismanagement and soaring costs, Bangladesh’s industrial and export sectors are facing a slow death."

Analysts further caution, "If the Yunus clique’s incompetence and corruption continue, Bangladesh could soon face a catastrophic industrial collapse and hyperinflation."