Meghna’s intend to invest Tk 4,000cr ready to use it
Meghna Band of Industries (MGI), a leading Bangladeshi business group, is defined to flag off nine professional units at its economical zone in Narayanganj tomorrow in a bid to meet the country's growing demand for consumer products and professional raw materials.
MGI invested about Tk 4,000 crore to set up the manufacturing facilities, where 8,400 personnel will be directly employed. After meeting the local demand, the group also intends to export different products produced at the factories.
The units which will be formally inaugurated tomorrow are: Meghna Sugar Refinery, Sonargaon Seeds Crushing Mills, Meghna Ball Pen and Accessories MFG, Meghna Noodles and Biscuit Factory, Sonargaon Printing and Packaging Industries, Fresh Welding Electrodes and Wire, Meghna Fresh LPG, Sonargaon Ship Builders and Dockyard, another unit of Fresh Cement.
In an initial for the united states, liquid sugar has been produced alongside its granulated version at the Meghna Sugar Refinery by adopting complex automated machinery from Germany, France, China and India.
With a production capacity of 3,500 tonnes each day, the refinery provided 1,000 opportunities for direct employment.
The sugar may be exported to countries such as for example Nepal and Bhutan after local demand is met, said a senior official of MGI requesting anonymity.
The Sonargaon Seeds Crushing Mills will turn out liquid and powder lecithin, which are being used for baking, pharmaceutical products and livestock feed. Technology from Germany, Sweden, Brazil, Italy, China, Switzerland, the united states and Thailand would be used at the plant.
MGI create the factory, which has a production capacity of 5,500 tonnes and employs 600 people, to meet up the country's demand for nutrient-rich food.
Lecithin is a fat that is essential in the cells of your body. It can be within many foods, including soybeans and egg yolks.
Similar to its plans for the sugar refinery, MGI intends to export the ingredients to South Parts of asia, Europe, India, and China after meeting local demand.
Meghna Ball Pen and Accessories, which employs 300 individuals, would manufacture about 8 lakh ball pens a day.
The Meghna Noodles and Biscuit factory will guzzle out 40,000 tonnes of biscuits, 1,900 tonnes of cake, 20,000 tonnes of noodles, 4,000 tonnes of wafer, 8,000 tonnes of chocolate, 12,000 tonnes of Bombay mix, 6,500 tonnes of candy and 4,000 tonnes of varied other snacks yearly.
Currently, there are 4,000 persons working at the factory.
MGI setup the factory with Chinese, Japanese and European technology.
Meanwhile, the Sonargaon Printing and Packaging Industries was setup to meet up the demand for the printing and packaging materials required by all plants under MGI. The factory uses Chinese and Indian technology to manufacture 442,000 carton packing materials per day and employs about 450 people.
Some 1,000 tonnes of woven system welding electrodes and 400 tonnes of flux-cored arc welding are made at the MGI's Fresh Welding Electrodes and Wire factory, which generated 100 jobs.
Meghna Fresh LGP, one of the primary industries under MGI, processes 300 tonnes of liquefied petroleum gas using European equipment daily.
At the moment, there are 350 people working at the factory, where it takes 4,000 12kg cylinders to store the combination of hydrocarbon gases. Besides, gleam 10,000 tonne capacity storage warehouse for the product.
The Ship Builders and Dock Yard, includes a yearly capacity to manufacture 5,000 deadweight tonnage (DWT) oil tankers, cargo ships, bulk ships, gas ships and container ships. The factory features both Chinese and European technology.
The second manufacturing facility of the Fresh Cement Industry, that includes a production capacity of 10,000 tonnes of cement each day, may also be inaugurated. The company has generated employment chance of about 1,000.
The factory was setup to meet up the growing local demand and also to export to northeast India, the MGI official added.
