Shah Agro Ltd, a concern of Abul Khair Group, has reopened four private jute mills in Faridpur and Kushtia. The move creates jobs for around 15,000 people.
The four mills are Razzaque Jute Industries, Dahmashi Jute Industries and Faridpur Jute Fibres in Faridpur, and Kushtia Jute Industries in Kushtia.
The move marks Abul Khair Group’s entry into the jute products business, as the group chose to revive idle factories rather than build new ones.
Notably, the revived mills will export around 80,000 tons of jute yarn and other jute products annually. It is also targeting exports worth around Tk1,500 crore in jute yarn and other jute products by December 2026.
Shah Agro has not acquired ownership of the four mills. Instead, it is providing working capital and managing production and marketing while using the existing factory buildings, machinery and other facilities.
An Abul Khair Group official said Shah Agro is supplying raw jute, overseeing production and marketing finished products to overseas buyers.
Production at all four mills has resumed over the past six months, with some products already being exported to Turkey, China and other international markets.
Sheikh Shabab Ahmed, Head of Corporate Affairs and legal at Abul Khair Group, said the capital-intensive nature of the jute products business influenced the decision to work with existing closed mills.
He said the group has also applied to take over three to four government-owned closed jute mills as part of its plan to expand in the sector.
The group also plans to move beyond conventional jute products and develop higher-value, value-added jute products in the future.
Shabab Ahmed said Bangladesh produces high-quality jute and that demand is increasing for jute as an environmentally friendly alternative to synthetic materials.
He added that the group expects its investment in jute products to contribute, directly or indirectly, to improving the livelihoods of jute farmers.
Revived mills target TK1,500cr exports by 2026 Shah Agro Ltd, a concern of Abul Khair Group, has reopened four private jute mills in Faridpur and Kus...
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Amid the ongoing energy crisis and a strong government push for renewables, industrial conglomerates Walton and PRAN-RFL are establishing local manufacturing units for solar inverters and lithium-ion batteries. Walton is also planning a dedicated solar panel manufacturing facility.
The initiatives aim to reduce import dependency and build an end-to-end domestic solar power supply chain, officials from both business groups told The Business Standard.
Simultaneously, the two groups plan to invest in small, medium, and large-scale solar power projects nationwide under a capex model – supplying equipment while providing operation and maintenance services to public and private sector clients.
According to officials from the Prime Minister's Office and both conglomerates, the projects gathered momentum following a 1 August meeting with private-sector entrepreneurs, where Prime Minister Tarique Rahman urged businesses to invest heavily in renewable energy.
PRAN-RFL's manufacturing and generation expansion
Kamal Kamruzzaman, marketing director at PRAN-RFL Group, stated that work has commenced on a $1 million solar inverter manufacturing plant at Palash in Narsingdi.
"The plant is expected to begin production within three to four months, with a capacity to manufacture up to 1,000 inverters monthly in the 1kW-5kW range alongside storage batteries," Kamruzzaman said. He added that PRAN-RFL plans to establish a second inverter facility in Habiganj with an investment of approximately $4 million.
PRAN-RFL has invested around Tk100 crore in solar energy to date, generating 40MW. It aims to scale generation capacity to 100MW by the end of this year.
"We have aligned our investments to meet 100% of PRAN-RFL Group's electricity demand from solar power by FY28," Kamruzzaman noted. By then, the group's total demand is projected to reach 250MW, with solar generation capacity planned to match or exceed that requirement.
Once local production begins, PRAN-RFL intends to expand its installation and maintenance services for third-party commercial and residential clients, as well as compete for government projects through public tenders.
Walton steps up production capabilities
Walton has commenced setup of a solar inverter manufacturing plant at Chandra, Gazipur. It has also completed a lithium-ion battery plant, which is slated to begin commercial production within a month, according to Md Nazmul Islam, executive director and head of Electrical and Renewable Energy at Walton Group.
Walton currently imports ARC inverters from China as an original equipment manufacturer (OEM), branding them locally.
In a written response, Walton confirmed that setting up local lithium-ion battery, solar inverter, and solar panel production facilities is designed to build domestic resilience, lower carbon emissions, and generate industrial employment.
$15m inverter imports annually
In a solar power system, photovoltaic cells in solar panels convert sunlight into direct current (DC) electricity. An inverter converts the DC electricity into alternating current (AC), which can power household appliances and feed surplus electricity into the national grid.
Bangladesh currently has no local solar inverter production. Most inverters are imported from China, Japan and India, with annual imports worth around $15 million. According to the NBR, Bangladesh imported 429.4 tonnes of solar inverters between December and May.
Lithium-ion batteries store electricity generated by solar panels for use when sunlight is unavailable. Systems ranging from household rooftop installations to large solar plants can store daytime generation for use at night or during peak demand.
To encourage local manufacturing, the government has reduced duties on imported raw materials for inverters, batteries and solar panels to 1%. By contrast, commercial imports face duties of around 28% on inverters, 63% on solar panels, and 29% on batteries.
The government has also set a target of generating 4,000MW of solar power by the end of this year and 10,000MW by 2030. It has recently announced a net-metering system under which solar power producers will be able to sell surplus electricity to the national grid at Tk10.50 per unit, including an additional profit incentive.
End-to-end support
Industry stakeholders expect demand for solar panels, inverters and lithium-ion batteries to rise amid power shortage, government incentives, and duty concessions. Although households have installed solar panels for years, limited maintenance and after-sales services have discouraged wider investment.
Walton and PRAN-RFL now plan to offer end-to-end support to individuals and businesses interested in installing solar power systems. Under the model, customers will finance the investment while the companies will install the plants and provide maintenance if contracted. Customers can also maintain the systems themselves.
The groups are also seeking opportunities to build solar power plants for government agencies. They will have to compete through public tenders to secure such projects.
Simultaneously, the two groups plan to invest in small, medium, and large-scale solar power projects nationwide under a capex model – supplying equipment while providing operation and maintenance services to public and private sector clients.
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Highlights:
- Electrical exports rose 23.82% to a record $206.19 million
- Electrical products became Bangladesh's largest engineering export earner
- EU sustainability rules are increasing traceability and compliance demands
- Imported components make carbon-footprint tracking particularly difficult for manufacturers
- Walton and Vision are upgrading systems for European standards
- Industry seeks government support to strengthen global competitiveness
Bangladesh's electrical and electronics exports are gaining momentum, with shipments of electrical products rising nearly 24% in FY2025-26, even as manufacturers seek to keep pace with increasingly demanding sustainability, traceability, and product-compliance requirements in the European Union.
According to the latest Export Promotion Bureau (EPB) data, exports of electrical products increased 23.82% from $166.52 million a year earlier, reaching a record $206.19 million.
The category was the largest earner among engineering products, surpassing bicycles, which earned $151.04 million, up 29.71%.
Engineering exports overall rose 21.77% to $652.15 million, underscoring the growing contribution of electrical and electronics products to Bangladesh's export diversification.
The growth comes as the European Union introduces new sustainability requirements through its Ecodesign for Sustainable Products Regulation (ESPR) and Digital Product Passport (DPP) framework.
The ESPR entered into force in July 2024, introducing requirements for DPPs and product durability, as well as a ban on destroying certain unsold goods.
The ESPR does not immediately require every electronic product to carry a DPP. Instead, product-specific requirements are being introduced through delegated acts. Where applicable, manufacturers will need to provide information on materials, components, environmental characteristics, durability and repairability.
For Bangladesh, this could prove challenging as manufacturers remain dependent on imported components and raw materials, making supply-chain traceability more difficult.
Industry races to prepare
Mohammad Ali, senior vice-president of the Bangladesh Electrical Merchandise Manufacturers Association (Bemma), said the association was preparing its members through workshops covering product origin, warranties, after-sales service, repairability, and documentation.
"We are already working on a product basis, product origin, product warranty, and after-sales service – whether a product is repairable or not," he said.
But the sector still lacks adequate testing infrastructure, Ali said.
Bemma has approached the commerce and industries ministries several times for support in establishing facilities capable of testing electrical products against European and other Western-market standards.
"For the electrical sector, we think there should be an individual common facility centre," he said.
Such a facility could particularly benefit smaller manufacturers that are beginning to explore export markets.
Imported inputs pose traceability challenge
Supply-chain traceability remains another hurdle, particularly because many manufacturers source components and raw materials from China and Vietnam.
"Most of the raw materials we are importing are from China or Vietnam. In that case, it is actually totally difficult to identify the carbon footprint," Ali said.
Bemma members that have traditionally focused on the domestic market face a steeper learning curve as they move towards exports, he said.
Walton says it can adapt
For leading exporter Walton, adapting to changing international standards is not new.
Syed Al Imran, executive director of Walton Hi-Tech Industries, said the company had repeatedly upgraded its systems as overseas requirements changed, citing the transition from manual registration to the digital Registered Exporter (REX) system and changes in European energy-efficiency ratings.
"When A+++ changed to A, B, C, D and E, Walton instantly upgraded," Al Imran said.
He attributed the company's ability to respond quickly partly to its vertical integration, with Walton manufacturing many of its own parts and components.
Another advantage is Walton's NUSDAT-UTS laboratory, which provides testing and certification services, including CB certificates, he said.
Walton previously had to send refrigerators to India for testing, but NUSDAT-UTS reports are now accepted for the relevant Indian star-rating process, eliminating the need to send products abroad, Al Imran said.
When new requirements emerge, Walton can work with NUSDAT-UTS and partner laboratories to identify necessary upgrades and implement them, he added.
Vision prepares for European entry
PRAN-RFL Group's Vision Electronics is also preparing to enter the European market.
The company currently exports across South Asia, Southeast Asia, Oceania and Africa, while Europe remains a strategic target.
For refrigerators and air conditioners, Vision is redesigning its product architecture to meet European quality, safety and eco-design requirements. It has already secured G-Mark certification for its air-conditioner line for the Middle East.
The company is integrating ERP systems to track raw-material origins, chemical compliance and sub-assembly batches. It is also digitising bills of materials and working with consultants to measure Scope 1, 2 and 3 emissions at its Habiganj and Danga industrial parks.
Its R&D team is moving towards modular PCB designs and quick-release compressor and fan-motor mounts to facilitate repairs and component replacement.
Vision is also replacing some non-recyclable composite plastics with single-grade polymers such as ABS and HIPS, while planning for the long-term availability of key spare parts.
Policy support needed
Bemma says stronger government support is needed to help the broader industry compete internationally.
Ali called for incentives, back-to-back letters of credit and duty relief on imported raw materials, similar to support mechanisms available to the garment sector.
"If we get this kind of government backup in the electrical sector, I think electrical and electronics can be the most promising sector over the next 10 years, even more promising than RMG," he said.
The senior vice-president also urged the commerce, industries and finance ministries to hold sector-specific discussions with electrical manufacturers.
A more immediate regulatory deadline concerns batteries. Under the EU Batteries Regulation, an electronic battery passport will be mandatory from 18 February 2027 for electric-vehicle batteries, industrial batteries above 2kWh and light means of transport batteries placed on the EU market.
For Bangladesh's rapidly expanding electrical and electronics industry, the challenge is moving beyond producing competitive goods to being able to prove how they are made, tested, sourced and repaired.
Bangladesh currently exports a range of consumer electronics and appliances, including televisions, refrigerators, freezers and air conditioners, as well as electrical equipment such as power transformers, electric cables and insulated wires, switches, sockets, circuit breakers and LED lighting solutions.
The export basket also includes rechargeable batteries, transistors and semiconductor devices, along with eco-friendly bicycles and other light mechanical components.
With electrical exports growing at a double-digit rate, manufacturers that build these capabilities early could be better positioned to turn the sector's export growth into a sustained foothold in major global markets.
According to the latest Export Promotion Bureau (EPB) data, exports of electrical products increased 23.82% from $166.52 million a year earlier, reaching a record $206.19 million
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Highlights:
- New well Titas-28 costs around Tk200 crore to drill
- Govt plans to drill 150 wells by 2030
- Drilling of 27 wells is already underway
- Three more Titas wells could add 45mmcfd
- Govt seeks to reduce reliance on costly imported LNG
A new well at the Titas Gas Field in Brahmanbaria has started supplying 12.5 million cubic feet (mmcfd) of gas per day to the national grid, offering a modest boost to domestic production amid an ongoing supply shortage.
Bangladesh Gas Fields Company Limited (BGFCL) began supplying gas from the Titas-28 well following its formal inauguration today (19 September) by State Minister for Power, Energy and Mineral Resources Aninda Islam Amit.
Speaking at the inauguration, the state minister said the addition of 12.5mmcfd from the well was encouraging at a time when the country was facing an energy crisis.
"We have taken an initiative to drill 150 wells by 2030 to become self-sufficient in energy. Drilling of 27 wells is already underway. Titas-28 is one of them," he said.
He said three more wells are planned at the Titas field. If drilling is successful, they are expected to add another 45mmcfd of gas to the national grid.
The state minister said the government is working to increase domestic gas production as imported LNG has become increasingly expensive.
"We are buying LNG at two to three times the price we used to pay. We do not have the capacity to bear this cost," he said.
He also said domestic gas companies had remained neglected for around one and a half decades, limiting their ability to contribute to the country's energy supply.
"We have now created opportunities for these institutions to work. That is why they are being able to demonstrate their capabilities," Amit said.
The government is also working to strengthen state-owned Bangladesh Petroleum Exploration and Production Company Limited (Bapex) to increase domestic gas production, he said. Two drilling rigs are currently being procured, while another is also planned.
Local officials are also being trained so they can undertake exploration and drilling activities based on their skills and competence, he said.
Abdul Jalil Pramanik, managing director of BGFCL, said increasing local gas production is a priority as the country faces a major gas supply problem.
"Titas-28 is one of our initiatives to increase domestic gas supply. It is a shallow well. Our target is to increase gas supply through drilling deeper wells," he said.
He said drilling of the Titas-31 well is currently underway and described it as the country's deepest well drilling project.
BGFCL began supplying gas from the Titas-28 well following its formal inauguration today by State Minister for Power, Energy and Mineral Resources Aninda Islam Amit
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he Bangladesh Power Development Board (BPDB) plans to build a 442 MW solar power plant on unused land adjacent to the 1,320 MW Rampal thermal station in Bagerhat, at an estimated cost of BDT 24.98 billion. BPDB recently submitted its Development Project Proposal (DPP) to the Planning Commission.
The 685-acre site was originally earmarked for the second phase of the Rampal coal plant but lay idle after the previous Awami League government adopted a policy against building new coal-fired power stations. BPDB now plans to install the 442 MW DC solar plant on the site.
Work is scheduled to run from September of the current 2026–27 fiscal year to June 2029. BPDB will provide BDT 3.74 billion from its own resources, while the remaining BDT 21.24 billion will come from the Power Sector Development Fund. The estimate is based on an exchange rate of BDT 123 to the US dollar.
The 1,320 MW coal plant at Rampal is operational and run by Bangladesh-India Friendship Power Company Limited (BIFPCL), a joint venture equally owned by India’s state-owned NTPC and Bangladesh’s BPDB.
Policy approval for the adjacent solar project was granted at a ministerial meeting after the Planning Commission sought clearance from Finance and Planning Minister Amir Khosru Mahmud Chowdhury.
Two senior Industry and Energy Division officials told
Bonik Barta on condition of anonymity that the division sought the minister’s clearance because of past controversies surrounding the Rampal plant. Verbal approval was granted, but a Project Evaluation Committee (PEC) meeting has yet to be held, they said.
BPDB remains
a loss-making entity and relies on substantial government subsidies to cover its power purchases. Asked where the financing for a large-scale solar power project would come from under such circumstances, Planning Commission officials said the PEC meeting would scrutinise the project’s funding structure and cost estimates.
“We have past experience with the costs of building solar power plants and with power purchase arrangements. So any additional costs built into the project will inevitably come under scrutiny,” one official said.
According to the proposal, BPDB’s generation cost is projected at BDT 2.94 per kilowatt-hour, against a viable tariff of BDT 6.33 and a regulated selling rate of BDT 8.39 set by the Bangladesh Energy Regulatory Commission.
BPDB Chairman Md Rezaul Karim confirmed to
Bonik Barta that the utility would use the long-idle site.
“The land was acquired for the second phase of the thermal plant but remained unused after environmental concerns arose,” he said. “BPDB will now build the solar plant using its own financing.”
The project is part of a government drive to achieve
10,000 MW of solar capacity by 2030. The initiative is backed by waivers on customs duty, regulatory duty, supplementary duty and advance tax for solar-sector components and batteries until 2031.
The utility plans to use 685 acres originally earmarked for the second phase of the Rampal coal plant for a solar power plant.
en.bonikbarta.com
A new option for Bangladesh’s long-term LNG import infrastructure has been proposed, with Novatek Middle East presenting a $950 million gravity-based structure (GBS) as a cheaper and longer-lasting alternative to a conventional land-based LNG terminal.
The company presented the concept to Petrobangla yesterday. The proposed facility would be built in the Bay of Bengal as a fixed offshore terminal for receiving, storing and regasifying imported LNG (liquefied natural gas), with a regasification capacity of 7.5 million tonnes per annum (MTPA).
According to Novatek’s presentation, the GBS would cost about $950 million, compared with an estimated $1.2 billion for a conventional 7.5-MTPA land-based terminal. This would make the offshore option about $250 million, or 21 percent, cheaper in initial capital costs.
However, the figures are based on the company’s own estimates and have not been independently verified. They have also not been compared with the government’s feasibility study for the planned 7.5-MTPA land-based LNG terminal at Matarbari.
The proposal remains at a very early stage, and Novatek has not yet submitted a formal proposal.
“It was a very preliminary-level presentation. We have learned from them. We would discuss it later with the higher-ups,” a top Petrobangla official told The Daily Star.
OFFSHORE STRUCTURE COULD OFFER LONGER LIFE
The main difference between the proposed GBS and a conventional LNG terminal is where the infrastructure is located.
A land-based terminal keeps LNG storage tanks and regasification facilities on the coast, with LNG carriers unloading through marine facilities. A GBS would instead place the storage and regasification facilities offshore on a large reinforced-concrete structure fixed to the seabed. The gas would then be sent to the national grid through a subsea pipeline.
Both systems perform the same basic functions: receiving LNG, storing it, converting it back into gas and supplying it to the gas network.
Novatek has identified deep-sea areas around Moheshkhali and Matarbari as possible locations.
The company estimates that a GBS could be built in 30 to 36 months and have a design life of 60 to 80 years. A conventional land-based terminal would take about 48 to 60 months to build and have a design life of 40 to 60 years.
An FSRU (floating storage and regasification unit), meanwhile, could be deployed in 24 to 30 months but would have a design life of only about 15 years, according to the presentation.
Bangladesh currently imports LNG through two FSRUs at Moheshkhali and plans to add a third. The government has also revived efforts to develop its long-delayed 7.5-MTPA land-based LNG terminal at Matarbari.
The GBS proposal could therefore offer another option as Bangladesh faces a persistent gas shortage, declining domestic gas production and growing dependence on imported LNG.
Recent disruptions at the country’s FSRUs have also exposed the vulnerability of LNG import facilities to technical problems and adverse weather. Reduced LNG send-out during such disruptions has further squeezed gas supplies to power plants and industries.
TWO DESIGNS AIM TO WITHSTAND SEVERE WEATHER
Novatek has proposed two GBS configurations. The larger one would have gross LNG storage capacity of about 290,000 cubic metres, while the smaller one would hold about 194,000 cubic metres.
Both would have 7.5 MTPA of regasification capacity, 1 MTPA of LNG bunkering capacity and 42MW of captive power generation capacity. The larger structure would also be capable of receiving the world’s largest LNG carriers, according to the presentation.
Weather resilience is one of the main advantages claimed for the technology. Novatek describes the GBS as a stationary, all-weather terminal with “very high” resistance to cyclones. FSRUs, by comparison, can face operational disruptions from strong winds, high waves and currents.
These claims, however, would need to be tested for the proposed site. The presentation itself calls for a detailed study of weather and marine conditions, including extreme winds, waves, storm surges, currents, seabed conditions and the safe berthing and transfer of LNG carriers.
The main GBS facility would not require coastal land, according to the proposal. Some onshore infrastructure would still be necessary, however, to connect the subsea gas pipeline to the national transmission network.
The technology draws on GBS structures developed by Russia’s Novatek, which has used large concrete gravity-based structures for its Arctic LNG 2 project.
The application in Bangladesh would be different. The Arctic LNG 2 structures house LNG production and liquefaction facilities, while the proposed Bangladesh facility would receive imported LNG, store it and convert it back into gas for domestic use.
‘Virtual pipeline’ and regional hub planned
The proposal also includes a second phase in which small, shallow-draft vessels would transport LNG from the offshore terminal to riverbank facilities near Meghnaghat, Ashuganj, Ghorashal and Bheramara.
Novatek calls this a “virtual pipeline” that could supply major gas-consuming areas without relying entirely on the existing pipeline network.
The idea comes as the government is also exploring the use of ISO tanks from Malaysia to transport LNG to gas-starved areas outside the main gas network.
ISO tanks would carry LNG in standardised cryogenic containers by road or other transport modes and would serve relatively small volumes. Novatek’s proposed system, in contrast, would move much larger volumes using dedicated LNG vessels to riverbank regasification facilities.
Novatek also sees the GBS becoming a regional LNG transhipment and bunkering hub. The presentation identifies potential shipments from Bangladesh to India, Pakistan, Sri Lanka, Vietnam, Malaysia and Indonesia using small and medium-sized LNG vessels.
Novatek has proposed an investment model based on foreign direct investment, but the presentation does not provide details on the commercial structure, tariffs, financing costs or expected investor returns.
The company presented the concept to Petrobangla yesterday
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British aviation services company, Menzies Aviation, plans to invest more than $12 million in its first year and create over 1,000 direct and 4,500 indirect jobs in Bangladesh if it secures the second ground-handling licence for the third terminal of Dhaka's Hazrat Shahjalal International Airport.
The investment would mainly go towards ground support equipment, technology and training, company executives said at a briefing in Dhaka today.
Menzies also plans to establish a training academy at the airport to train Bangladeshis to international standards, preparing them for jobs at Dhaka airport as well as opportunities across its network of 350 airports in 65 countries.
“We believe, with our business plan, we will in the first year of our operations create over a thousand well-paid jobs that are directly employed by Menzies,” said John Henderson, senior vice-president for operations, Middle East and Asia.
Local supply requirements, including uniforms and other services, could create a further 4,500 indirect jobs, he said.
Charles Wyley, executive vice-president for Middle East, Africa and Asia at Menzies Aviation, said almost the entire Bangladesh workforce would be recruited locally.
“We might have one or two [international employees], but that would be the maximum. Everyone else should be local,” he said.
The jobs would include check-in agents, baggage handlers, equipment operators, customer service, dispatch and finance management positions. New recruits would typically undergo up to a month of training before deployment, Henderson said. The company also plans to work with universities, aviation schools and other educational institutions to develop a trained workforce.
Menzies said Bangladesh could eventually become a source of aviation workers for its overseas operations, particularly in markets where it faces recruitment difficulties.
Tender under way
Menzies is competing for the second ground-handling licence through the third terminal operator consortium.
Wyley said the expression-of-interest process had been completed and the consortium had issued a request for proposals to qualified companies.
He said Menzies understands that four companies have qualified and that one or possibly two may eventually be referred to the Civil Aviation Authority of Bangladesh (CAAB) for licensing.
The company has also met civil aviation authorities and the aviation minister over its proposed Bangladesh operations.
Asked about its chances against other international bidders, Menzies executives declined to discuss competitors’ pricing, saying bids were confidential.
Henderson said Menzies would not call itself the cheapest operator but would compete on “value for money”, safety, service quality and operational performance.
'First bag in 10-15 minutes'
Menzies said its international standard is to deliver the first bag from a wide-body aircraft within 10 to 15 minutes and the last within 40 minutes.
Executives said the third terminal’s automated infrastructure should allow baggage handling to be monitored in real time, from an aircraft to the arrival belt. Service-level agreements and key performance indicators could also allow CAAB to monitor performance hour by hour.
Asked whether another ground handler could reduce airfares, Wyley said ground handling accounts for only a small part of an airline’s operating costs.
“The cost of turning an aircraft is less than the price of one business-class seat,” he said, adding that fuel and other airline operating expenses account for far larger costs.
Henderson said attracting more international airlines to Dhaka and increasing competition among carriers could have a greater impact on ticket prices. Some airline customers, he said, had indicated that an international ground handler could make Dhaka more attractive to them.
Cargo opportunities
Menzies also sees opportunities in Bangladesh’s air cargo sector, particularly because of exports such as garments.
Even if another operator manages the cargo warehouse, the ground handler would be responsible for moving freight from the warehouse to aircraft, the company said. Wyley said Menzies had also offered technology and other services to help improve cargo operations.
Menzies began in Scotland in 1833 and entered the aviation business in the 1990s. It provides ground handling, cargo, aircraft fuelling and passenger services and currently employs more than 65,000 people worldwide.
Asked whether geopolitical considerations or political influence could affect the selection of the ground handler, Sakib Ershad, director of trade and investment at the British High Commission in Bangladesh, did not directly address the question.
“We’re very confident in the Menzies proposal, and they have set out very clearly [what it offers] for Bangladesh, and we’re very thankful for that,” he said.
Bangladesh could eventually become a source of aviation workers for its overseas operations, British aviation services company says
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