Dhaka, Feb. 19 -- Leaders of the country's primary textile millers on Tuesday threatened that they would not make any fresh investments unless the government announces an election date.

Textile mills, already grappling with an acute gas shortage, will face closure one after another if the government doubles the gas price, they said, adding that uncertainty over election date and the possibility of raising the gas prices will discourage both local and foreign investment, especially those who want to relocate from China.

They came up with the remarks at a press conference arranged by Bangladesh Textile Mills Association (BTMA) at a city hotel on Tuesday. The conference was organised to announce the country's largest textile machinery exhi...