Textile millers in Bangladesh have formally urged the government to implement a special refinancing scheme for existing loans, capping interest rates at 5 percent for export-oriented primary textile industries.
The request, delivered by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), also calls for guaranteed uninterrupted natural gas supplies to prevent production disruptions.
The appeal highlights the sector's vulnerability to energy volatility and high borrowing costs, which are squeezing margins for manufacturers reliant on gas-fired boilers for dyeing and finishing processes.
Without intervention, industry leaders warn that operational continuity could be compromised, potentially affecting export volumes to key Western markets.
This development underscores the broader tension between industrial energy needs and national supply constraints.
As global demand for apparel remains resilient, the stability of Bangladesh’s manufacturing base is critical for maintaining its competitive edge against regional rivals.