Bashundhara Group to build industrial village at Pangaon
Friday, 15 January 2010
FE Report
The country's leading industrial and business conglomerate 'Bashundhara Group' has initiated to build an industrial village at Pangaon in Keranigonj spending about Tk 10 billion.
Under the brand name-Bashundhara Food and Beverage Industries Ltd- the group plans to set up the country's largest edible oil refinery, safe drinking water plant, flour mills, bag factory, edible oil tank terminal and spice grinding and packaging factories in the industrial village, top Bashundhara official said.
Five specialized and technically advanced companies from Europe, Malaysia, Taiwan and China are providing machineries and technical know-how for the industrial village.
As the first phase of the mega-initiative, the Bashundhara Group Thursday entered into three separate contracts with the Oiltek of Malaysia, Sunrise Industrial Company of China and Mill Powder Tech Company of Taiwan.
Under the signed agreement, the group would receive technological and mechanical assistance from these three renowned companies that are already well-reputed in their respective fields, top officials said while briefing the media at the group's corporate headquarters.
Senior deputy managing director of the Bashundhara Group Belayet Hossain signed the contracts on behalf of the Bashundhara Group while the managing director of the Oiltek K.H. Wong, sales engineer Daniel C. Wong, managing director of the Sunrise Industrial Co. Ltd. Liu Jingsong and assistant manager international sales of the Mill Powder Tech Co. Ltd. James Chou signed for their respective entities.
Advisor (Press and Media) Mohammad Abu Tayeb and other senior officials of Bashundhara Group joined the contract signing ceremony.
Mr Tayeb said that the under commissioning medium to heavy industrial units at the village are expected to generate direct employment opportunity for 2500 skilled and semi-skilled workers apart from indirect employments for 15000 others in phases.
"The mega project has been taken up with the core objective of penetrating the domestic market of consumer products by international standard food and beverage items, he said.
The country's leading industrial and business conglomerate 'Bashundhara Group' has initiated to build an industrial village at Pangaon in Keranigonj spending about Tk 10 billion.
Under the brand name-Bashundhara Food and Beverage Industries Ltd- the group plans to set up the country's largest edible oil refinery, safe drinking water plant, flour mills, bag factory, edible oil tank terminal and spice grinding and packaging factories in the industrial village, top Bashundhara official said.
Five specialized and technically advanced companies from Europe, Malaysia, Taiwan and China are providing machineries and technical know-how for the industrial village.
As the first phase of the mega-initiative, the Bashundhara Group Thursday entered into three separate contracts with the Oiltek of Malaysia, Sunrise Industrial Company of China and Mill Powder Tech Company of Taiwan.
Under the signed agreement, the group would receive technological and mechanical assistance from these three renowned companies that are already well-reputed in their respective fields, top officials said while briefing the media at the group's corporate headquarters.
Senior deputy managing director of the Bashundhara Group Belayet Hossain signed the contracts on behalf of the Bashundhara Group while the managing director of the Oiltek K.H. Wong, sales engineer Daniel C. Wong, managing director of the Sunrise Industrial Co. Ltd. Liu Jingsong and assistant manager international sales of the Mill Powder Tech Co. Ltd. James Chou signed for their respective entities.
Advisor (Press and Media) Mohammad Abu Tayeb and other senior officials of Bashundhara Group joined the contract signing ceremony.
Mr Tayeb said that the under commissioning medium to heavy industrial units at the village are expected to generate direct employment opportunity for 2500 skilled and semi-skilled workers apart from indirect employments for 15000 others in phases.
"The mega project has been taken up with the core objective of penetrating the domestic market of consumer products by international standard food and beverage items, he said.