Keya Group declares permanent closure of four factories from May

Keya Group announced the permanent closure of four of its factories in the Jarun area of Gazipur, citing market instability, discrepancies in bank accounts, raw material shortages, and inadequate production activities.
The factories will be closed from May 1 this year.
Keya Group Admin Manager Mohammad Mosa Mia told The Daily Star at 3:00pm that while the factories are set to be permanently closed, operations will continue for five months for now.
"About 4,000 workers are employed in our four factories," he said.
Meanwhile, Shawkat Mia, admin manager of the Keya Group's cosmetics factory, confirmed that the cosmetics factory will remain operational even though the garment factories are being shut down.
The announcement was made through a notice signed by a senior official of Keya Cosmetics Limited (Neat Composite Division) on December 31. The notice specified that the affected factories include the Neat Composite Garments Division, Knitting Division, Spinning Division, Cotton Division, and Keya Yarn Mills Ltd., located in Jarun, Konabari, Gazipur, said Sabina Yasmin, manager of Keya Group's human resources department.
She added that all outstanding dues of workers will be settled in phases, in compliance with labour laws.
Gazipur Industrial Police Additional Assistant Superintendent of Police Abu Taleb told The Daily Star this afternoon quoting Keya Group authorities that according to the notice, all dues of workers, officials, and employees will be cleared within 30 working days of the factory closure, as per the provisions of the Bangladesh Labour Act.
The closure follows weeks of worker unrest over unpaid salaries and other demands. Workers of the Keya Group factories had been protesting since December 29, demanding their November salaries alongside raising a 10-point demand. The protests escalated when workers received the closure notice without payment of arrears.
On December 29, several thousand workers blocked the Kashimpur regional road and staged a sit-in outside the factory. They later moved to the Dhaka-Tangail highway near the Konabari flyover, where they held demonstrations that caused a traffic jam stretching several kilometres.
Following negotiations between the factory owners and workers, facilitated by law enforcement, the factory, which had been temporarily closed, was reopened on January 1.
Comments