Many exporters in Bangladesh are, reportedly, facing issues with unhindered factory operations with work remaining suspended because of the time-consuming and complicated process in renewing bond licences and Utility Permission (UP) certificate.
Media reports maintained this while adding that around 13,000 licenced companies have had to face issues owing to bond licence renewal, as they have to renew bond licences and UP certificates every year even as they, reportedly, have to shell out huge demurrage subsequent to raw materials getting stuck at the port owing to the lengthy renewal process.
We have, repeatedly, reached out to the bond commissionerate but there has been nothing positive, reportedly, maintained a Managing Director of a textile mill while speaking to the media, on condition of anonymity, while adding the commissionerate has been running with limited manpower during the pandemic period.
The MD of the textile mill further, reportedly, said that many a times, he had to borrow raw materials from other units to continue production.
“All factories import and stock raw materials…But it is not possible to continue production by borrowing. So, we had to reduce production as we could not have our UP certificate renewed,” reportedly, claimed the person concerned.
Bharat Tex Special Report 2026 
