Singer Bangladesh Limited, a subsidiary of Beko, a flagship of Türkiye's Koç Holding, held the 'Grand Opening Ceremony' of its state-of-the-art Home Appliances Plant on Thursday.
The opening ceremony was attended by Executive Chairman of Bangladesh Economic Zones Authority (BEZA), Chowdhury Ashik Mahmud Bin Harun, as the Chief Guest, while the Ambassador of Türkiye to Bangladesh, Ramis Sen, was Guest of Honour among other key stakeholders.
The event was also attended by Dr. Fatih Kemal Ebiçlioglu, President of Consumer Durables Group at Koç Holding, Hakan Bulgurlu, Chief Executive Officer (CEO) at Beko, Can Dinçer, Chief Commercial Officer Türkiye and South Asia at Beko, Baris Alparslan, Chief Financial Officer (CFO) at Beko, Nihat Bayiz, Chief Production & Technology Officer at Beko, Cem Kural, Chief Purchasing and Supply Chain Officer at Beko, Sibel Kesler, Executive Director of Finance South Asia at Beko, Ms. Handan Abdurrahmanoglu, Director of South Asia Regional Marketing, Business Transformation & Growth at Beko, and M H M Fairoz, Managing Director and CEO at Singer Bangladesh Limited along with other officials from Koç Group, Beko and Singer Bangladesh.
Over the past 10 years, Beko has invested nearly $600 million across the region with Bangladesh emerging as one of the most investment-friendly and promising markets. Since acquiring Singer Bangladesh Limited, "we have introduced Beko's global expertise to improve the consumer durables industry and enhance the lives of Bangladeshi people. This factory stands as a testament to our commitment to positioning Bangladesh as a regional manufacturing hub. Employing up to 4,000 people, it leverages advanced technologies such as artificial intelligence (AI), and the Internet of Things (IoT). We believe that it will serve as a benchmark for others exploring opportunities in this vibrant region," said Fatih Kemal.
Spanning 135,000 square meters, the new facility is a flagship project within BSEZ (Bangladesh Special Economic Zone) and will produce refrigerators, televisions, washing machines, air conditioners and other major appliances for the local market.