Beximco Group is a multinational conglomerate holding company
headquartered in Dhaka, Bangladesh. The company is considered the top business
entity on Bangladesh. It operates with the slogan - Taking Bangladesh to the
world.
In the last three decades, Beximco Group grew strength to strength. In
2005, Beximco Pharma became the first Bangladeshi company to list on the
Alternative Investment Market of the London Stock Exchange. It became the first
Bangladeshi pharmaceutical company to commence export of pharmaceutical
products to the USA in 2016.
The multinational conglomerate has business wings in textiles, marine
food & commodities trading, pharmaceuticals, real estate, cotton and
polyester, hospitality, ICT and ceramics. The pharmaceuticals wing of the
company, Beximco Pharma, is now one of the largest exporters of medicines and
won National Export Trophy (Gold) a record five times.
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| Salman F Rahman the vice chairman of Beximco Group |
This dynamic company was founded in the 1970’s by two brothers – Ahmed
Sohail Fasiur Rahman and Salman Fazlur Rahman. It started as a commodities
trading company. Now it has become a diversified group with presence in almost
all industry sectors. Salman F Rahman is serving as a Private Sector
Development Affairs Adviser to Prime Minister and Bangladesh Awami League
President Sheikh Hasina.
Financially the company is very stable. In 2010, the company acquired
stakes in several major Bangladeshi businesses, including IFIC Bank, GMG
Airlines, and Unique Hotels and Resorts.
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| High officials of Beximco Group |
Recently Beximco Power initiated a joint venture to develop a 200 MW solar power plant in Gaibandha. Teesta Solar Limited. and China’s TBEA
Xinjiang Sunoasis Co signed a power purchase agreement with Power Development
Board for this matter. Under the agreement, the PDB will purchase electricity
from TSL’s plant for 20 years at the tariff of 15 US cents per kilowatt hour.
Beximco Power hold 80 % share of the venture. Renewable energy like solar power
is considered holding the key to the future.
Information source:
Beximco Group's website - https://www.beximco.com/
Assignment point's report on Beximco Group - http://www.assignmentpoint.com/science/textile/safety-environment-complance-in-beximco-texitile-limited.html
Information source:
Beximco Group's website - https://www.beximco.com/
Assignment point's report on Beximco Group - http://www.assignmentpoint.com/science/textile/safety-environment-complance-in-beximco-texitile-limited.html
