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Bangladesh’s Commerce Minister Khandaker Abdul Muktadir stated that the recent increase in fuel prices does not justify any dramatic rise in bus fares or daily commodity prices. He made the remarks on Saturday, April 25, 2026, while speaking to journalists after visiting the knit industrial zone established on the site of the former Chittaranjan Cotton Mill in Godnail, Siddhirganj, Narayanganj. The minister also suggested that future investors should focus on developing less fuel-intensive factories instead of fuel-heavy ones.

During the visit, Muktadir explained that electricity produced in the country is distributed to private industrial factories after generation, so production and export have not been disrupted by fuel price changes. He attributed any decline in exports to a mild global slowdown rather than domestic energy issues. Responding to another question, he said two industrial plots under BTMC have already been developed, two more are being taken by the same company, and remaining plots face local occupation problems that will be resolved soon to facilitate investment.

State Minister Md. Shariful Alam, BTMC Chairman Brigadier General S.M. Zahid Hasan, and local officials accompanied him during the visit.

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Amar Desh 25 Apr 26

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