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Dhaka Tribune

Imported rubber threatens local industry

Update : 20 Nov 2014, 07:32 PM

Once-thriving rubber industry in Bandarban is now facing a shut down threat as the locally produced rubber was going unsold because of the imported rubber.

Rubber plantation owners said for the last few years they sold rubber at a price of Tk250 per kilogram, which has now lowered to Tk120 to Tk130 per kilogram.

Md Alauddin Company, owner of Arif Enterprise Rubber Plantation in Naikkhangchhari, said it was becoming more and more difficult for him to pay the wages of the plantation workers, as the production was not turning out the expected amount of profit.

Senior Manager of PHP Latex and Rubber Product Limited Aminul Haque Abul said they could not pay the workers employed at the factory owned plantations, as the rubber produced in the previous month was lying unsold.

Md Rahim, a local worker at the rubber plantation said he and his family members were going through hardships as the plantation owners could not pay their wages.

Al Amin, manager of Nazma Khatun Rubber Plantation, said rubber produced in the plantation was lying unsold in their warehouses.

The plantation owners demanded that the Ministry of Industries would take initiatives to save the industry.

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