Top Turkish firm plans to invest in Bangladesh

30 January 2025--Turkish (LBN)

Top Turkish business group Koc Holdings has planned to set up a component manufacturing plant in Bangladesh in an effort to export components to its factories all over the world, senior company officials said Thursday 30 January 2025.

Fatih Kemal Ebiclioglu, president of the durable unit of the 60 billion dollar Turkish company, announced the plan when he led a business delegation to meet Chief Adviser Professor Muhammad at the State Guest House Jamuna in Dhaka.

 



 

Fatih said the company has set up a home appliance manufacturing plant at Araihazar in Narayanganj after acquiring Singer Bangladesh Limited several years ago.

“We are in the second stage of our investment. Bangladesh has good potential,” he said while talking about business prospects in the country.

Professor Yunus welcomed more Turkish investment in manufacturing in Bangladesh, saying the country was now ready for business.

“Set up factories in Bangladesh to export goods to Turkey, Europe, and all over the world,” the Chief Adviser said.

Professor Yunus said Bangladesh could be a manufacturing and production hub for Halal goods. “It can easily be an assembly investment hub,” he said.

Lutfey Siddiqi, Special  Envoy of the Chief Adviser and Chowdhury Ashik Mahmud Bin Harun were also present during the meeting.

 



 

Leave a Reply

Your email address will not be published. Required fields are marked *

18 − 16 =


About us

Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




ADVERTISE

LBN AD


Follow Us



Newsletter