The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) revealed today that more than $100 million worth of garment work orders have been delayed due to recent labor unrest and vandalism, impacting the country’s highest-earning export sector over the past three weeks.
BGMEA emphasized that entrepreneurs investing in factories through bank loans and assuming real-time liabilities are not inclined to destabilize their workers or buyers.
The industry lost three crucial weeks during this recent spell of labor unrest, as stated by the garment makers’ platform.
Highlighting their commitment to the industry, BGMEA pointed out a 316% increase in minimum wages over the past decade by garment manufacturers.
They have also invested millions to ensure top-notch safety and comfort for workers, adopting cleaner and greener manufacturing technologies.
The association stressed that arson and destruction are not viable options for entrepreneurs under any circumstances.
BGMEA expressed concern over certain media narratives being more sympathetic toward workers than the industry itself, calling it ironic.
According to BGMEA, a misrepresentation of facts through misguided propaganda harms both the industry and its workers.
The statement indicated that such misinformation negatively affects their shared objectives and operations within the garment sector.