According to a report from Business Mail on September 24th, British American Tobacco Bangladesh company is planning to invest BDT 1.5 billion (USD 13.6 million) in its factory located in Savar, Bangladesh. This investment, as disclosed by the Dhaka Stock Exchange, will be funded through internal sources and bank financing based on the company's cash flow.
According to reports, British American Tobacco Bangladesh is constructing a duty-free warehouse to store packaging materials, leaves, and finished products. The company has also invested in on-site facilities for electrical, fire detection and protection systems, air conditioning and ventilation systems, IT systems and security systems, as well as employee welfare and factory service. Additionally, they are constructing reinforced concrete roads and establishing an underground drainage system.
Earlier this year, the company invested in the Saval factory to establish emergency capabilities and leverage upcoming export opportunities.
The headquarters of British American Tobacco Bangladesh is located in Dhaka, with cigarette factories in Dhaka and Savar, a green leaf threshing plant in Kushatiya, and a green leaf redrying plant in Manikganj.
Notice
1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.
2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.
3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.
Copyright
This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.
This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.
