Economic Zones in Bangladesh are Ready for Investment

The economy of Bangladesh is growing rapidly from the past ten years. The government has set a target of export US$ 400 billion of goods by establishing 100 economic zones by 2030 across the country to accelerate and sustain the economic development. Bangladesh Economic Zone Authority (BEZA) is working to achieve this goal. Already 10 to 14 economic zones are being prepared for investment.

Till now, ten economic zones have been completed and are ready for investment, see the below list:

• Abdul Monem Economic Zone Gazaria, Munshiganj
• Aman Economic Zone
• Bay Economic Zone in Gazipur
• City Economic Zone
• Karnaphuli Dry Dock Economic Zone in Chattogram
• Kishoreganj economic zone
• Meghna Economic Zone in Narayanganj
• Meghna Industrial Economy Zone
• Mongla Economic Zone in Bagerhat
• Sreehatta Economic Zone in Moulvibazar

BEZA Executive Chairman said, "Not only 10, but 14 economic zones are now ready for investment." He also said that most of the 10 economic zones mentioned in the update report are in private sector. Apart from these, few industries in the Mongla and in Mirsarai EZ are being built. Moulvibazar and Feni EZ are ready to invest. Overall, fourteen economic zones are ready for investment. BEZA is currently working to prepare 28 economic zones across the country.

Abdul Monem Economic Zone Gazaria, Munshiganj:

Abdul Monem Economic Zone (AMEZ), an economic zone of the private sector, has been built on 142 acres of land in Gazaria, Munshiganj (East side of Daudkandi Meghna-Gomti Bridge). In January 2017 the zone has obtained the final license and investing 10 Crore 20 Lac 30 Thousand US dollars. Honda Japan has already started Motorcycles manufacturing through investment in Abdul Monem Economic Zone. This project is moving forward in a beautiful environment with the assistance of the BEZA. There is electricity, well communication system, gas will connect soon. If the gas-power service is confirmed, investment in this zone will increase further.

Aman Economic Zone in Sonargaon:

Aman Economic Zone has been established on 83 acres of land in Boiddar Bazar area of ​​Sonargaon upazila under Narayanganj. So far 32 Crore 64 lac US$ have been invested in this zone including development costs. The factories type located here includes cement factories, packaging and ship building yard. Now implementation of food processing projects along with cement, packaging and ship building is in progress. If the gas is available then many more investment projects will be started.

Bay Economic Zone in Gazipur:

Bay Economy Zone Limited is a subsidiary of the famous Bay Group in the country. Total land area of this zone is 65 acres and located in Gazipur Sadar Upazila beside the Gazipur-Chandra highway. It got the final license on April 2017. In addition to development costs, total amount of investment in this zone is 8 crore 88 lac and 60 thousand US$. Toy manufacturing factory Meigo (Bangladesh) Limited is China's direct investment in this economic zone. Products produced in this factory are now being exporting.

City Economic Zone in Rupganj:

City Economic Zone Limited, a subsidiary of City Group. It is located on 81.88 acres of land beside the Shitalakkhya River in Rupganj upazila of Narayanganj which is just two kilometers away from Dhaka-Sylhet Highway. So far the investment in this economic zone has reach 67 crore 50 thousand US$.

Karnaphuli Dry Dock Economic Zone in Chattogram:

Karnafuli Dry Dock Special Economic Zone (SEZ) Limited, the first specialized economic zone in the country to build and maintain ships. It obtains the final license in February 2019. In Anowara, Chattogram this zone is being built. This Dry Dock Economic Zone will have one lac capacity deadweight tonnage (DWT) power. The project is expected to attract huge foreign investment, including the development of sea-going ship repairs and construction industries. If it is implemented, it will be possible to earn foreign currency of $ 120 million a year.

Kishoreganj Economic Zone:

BEZA authority awarded the license to Kishoreganj Economic Zone Ltd (KEZ), a concern of Nitol Niloy Group on February, 2019. KEZ received approval as the ninth private economic zone in the country. Total land area for this zone will be 91.63 acres, located in Pakundia upazila near the Bhairab - Kishoreganj Highway. The KEZ is expected to create job opportunity for 15,000 people within the first five years of operation. The Nitol Niloy Group will set up heavy automobile industry in this zone. Besides, a steel manufacturing plant is likely to set up by an Indian group.

Meghna Economic Zone in Narayanganj:

Meghna Economic Zone has grown in 68 acres of land near Meghna ghat of Sonargaon upazila of Narayanganj. Although it was proposed to be in total 245 acres of land. So far the investment in this economic zone has been 93 crore 76 lac 10 thousand US$. At present, there are 10 approved industrial units including paper and pulp industries, chemical plants, pulse and flour mill.

Meghna Industrial Economic Zone:

The Meghna Industrial Economy Zone is another zone established by the Meghna Group in Sonargaon of Narayanganj district. Total land area for this zone is about 76 acres and already 29 Crore 90 lac US$ has been invested. There will be employment opportunity for 7,000 people in this zone. In the meantime, production of beverage, steel, cement, paper bags etc has been started here.

Mongla Economic Zone in Bagerhat:

Mongla Economic Zone has been established on 205 acres of land near Mongla seaport and Mongla EPZ in Mongla upazila under Bagerhat district. Power Pack Economic Zone Private Limited, a subsidiary of Sikder Group, is responsible for the development and management of this zone. BEZA has already completed the construction of roads, bridges, water supply lines, power sub-stations and administrative buildings which costs at least BDT 50 crore. Development work of some link roads inside the zone has been started.

Sreehatta Economic Zone in Moulvibazar:

Another economic zone prepared for investment is the Shreehatta Economic Zone with a total 352 acres of land in Sherpur, Moulvibazar Sadar upazila. Sylhet is located on the east of the zone, Habiganj is on the west, Sunamganj is on the north and Moulvibazar district on the south. In this economic zone, six industrial establishments have been allotted 231 acres of land. They have planned to invest around US$ 1.4 billion in this zone.

Even though some zones are ready for investment but physical infrastructure development in some areas has not yet been fully established. However, electricity connections were found and it should remain uninterrupted. Gas availability must be confirmed in the zones. Some old industrial areas have been converted to economic zones.

The economic zones which are in fact ready for investment, where all facilities like gas, electricity, infrastructure, communication etc must be ensure with priorities. If these economic zones can be fully activated, it will be possible to attract more investment which will help to achieve the goals of Bangladesh.

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Bangladesh Economy and Industrial Revolution

After the Independence in 1971, during the last five decades Bangladesh has been changing from inside with industrial revolutions. The bottomless basket (!!!) is now breaks all the previous records through the wheel of RMG ready-made-garment sector, Ship, Cars, Cement, Paper, Medicine, Footwear, Steel to billet and other various industries in the country. Thousands of crores has been invested and still investing in these sectors. Cottage industries of the 1970s and the small and medium industries of the 1980s are being replacing with new industrial set up in Bangladesh. The economy is moving to the new heights.

RMG:

The low-cost ready-made garment is the main source of Bangladesh's export earnings. Some environment-friendly new green RMG factory is being built; as a result big investment in clothing sector is coming. The Green Building Council of the United States has recognized the world's top 10 green factories across the globe, and the Good NEWS is among these, seven factories are from Bangladesh including the first, second and third one. These factories are being manufacturing high quality clothing and denim products. Due to the decline of China, Bangladesh has taken the top position in the European denim market.

Power:

Over a decade ago, some foreign companies had the absolute dominance of big power projects in the power and energy sector of Bangladesh. But time has changed; some of renowned domestic industry is coming forward with such investments. Bashundhara Group, one of the largest industrial groups in the country, has taken initiatives to set up the largest fuel oil refinery plant in Sitakunda, Chittagong. If this project is implemented then it will be possible to provide 80 percent of the country's fuel supply.

Steel:

At present there are about BDT 35 thousand crores of investment is in the country's steel industry sectors. One of the major industrial groups of the country PHP Family came forward to increase this investment. PhP Steel Works Limited will set up steel plants in about 440 acres of land in Mirsharai Economic Zone. The company has taken an initiative to invest around $ 400 million in steel factory. McDonald Steel Building Products, another steel company in the country, is coming with big investment in this sector. They will jointly invest around $ 59.19 million with Japan's Nippon Steel and Sumitomo Metal, the world's third largest steel producer.

In addition to steel, the expansion of billet industry is also being done in the country. Entrepreneurs have set up new factories in this sector due to the power crisis has solved. Now the factories of manufacturing Rod and Rod-related products themselves such as billet from old iron. In 1996, the BSRM Group formed the largest factory in the country for manufacturing billets. The group now produces about 18 lac metric tons of billet annually.

Leather Goods:

At present, about 30 large shoe factories have been established in the country's export processing zones (EPZs). Young One has set up the largest shoe factory in the country. Besides, Apex footwear is also exporting to international market by meeting the country's local demand. By 2021, export targets from leather footwear and other related products have been estimated to be about 5 billion dollars. Currently income is more than $ 1 billion.

Ship Building Industry:

Ship building industry in private sector has moved forward in last one or two decades. Industrialized countries like Spain, France and Italy are also coming to Bangladesh to build bigger ships. Through the export of quality standard goods in different parts of the world, the Shipbuilding Industry of the country earns $ 150 million foreign currency in last five years by exporting 27 ships. Currently there are more than 10 shipyards in the country who are able to build international standards and high-tech ships.

Car & Bike:

Honda, one of Japan's largest car and motorbike manufacturing companies, has set up factories to invest in Bangladesh. Honda has built their bike manufacturing unit in Abdul Monem Economic Zone near Daudkandi Bridge beside Dhaka – Chattogram National Highway. Apart from these foreign companies, local companies such as Walton and Runner have earned their reputation in the electronics and automobiles industry. Walton's electronics products are now being exported to foreign countries beyond the boundaries of the country. Bangladeshi motorcycles made of domestic brand runner automobiles are now being exported to the neighboring country Nepal. Runner brand motorcycle can also be seen in African countries very soon.

By seeing Bangladesh's potential in the automobile industry, the world's renowned car (private car) maker Malaysia's Proton-Saga has set up factory in Chittagong. Mahindra, another car manufacturer in India, is planning to set up their factories in Bangladesh. Apart from this, world famous companies like China's Geely, Iran's Saipa, India's Tata, Bajaj, are also interested in setting up automobile manufacturing unit in Bangladesh.

Drugs & Medicine:

World-class medicine is not available anywhere at such a low price. Bangladesh has recently made a new history by exporting drugs to the US market. Beximco Group and Square Group's medicines are now going on in the European-American market after passing the international standard examinations. Vice Chairman of Beximco Group and Prime Minister's Private Sector Advisor Salman F Rahman recently said in an event, the domestic market of pharmaceutical industry is around BDT 17,000 Crores and the international market is more than BDT 2,200 crores. Drugs are exported to 144 countries in the country by meeting 98 percent of the country's demand.

From small and medium to large industries, all sectors are being developed in the equality. At present, there are at least 20 large private industrial groups in the country who have earned investment capacity of BDT 10 to 25 thousand Crore in any big project. There are at least 100 top business men, who have changed the country's trade and commerce. Due to the available of cheap labor, markets of nearly 16 million people and the increase in income of the people of the country; China, Japan, some Middle East and Europe companies are interested in setting up heavy industries in Bangladesh. Recently a royal delegation from Saudi Arabia has shown interest in investing around $ 30 billion in various sectors, including power plants, fertilizer, food processing, chemical factories, hotel-motel and tourism sector of Bangladesh.

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Export Products from Bangladesh is Increasing

After independence, the first generation of industrialists helped in the development of small and medium industries in Bangladesh. Now the second generation entrepreneur group has been working to develop heavy industries in the country. Heavy industries are the main wheel to start journey towards a developed nation, now Bangladesh is walking in the same path. But there are big challenges in the big industry. If the investors do not get proper government support and necessary infrastructural and other facilities, the industrial sector is affected. The government will have to ensure necessary assistance for big industrial development.

For a decade of independence, the country's industrial sector rely on few small-scale industries, such as Jute, Paper mills, Sugar mills, Handloom factories, and cottage industries etc. The jute mill or paper industry was all under government control. Now, almost all of these sectors are moving ahead to private companies. Bashundhara Group has established Asia's largest paper factory in the country. The Paper Mills of this group are exporting paper goods abroad after meet the domestic demand. Private entrepreneurs are also in the process of refining sugar. They are now seeking to export the refined sugar abroad.

According to the Export Promotion Bureau (EPB) data:

• Total export earnings in the 2008-09 fiscal years were 15.5 billion US dollars. Of this, the RMG industries contributed 12 billion dollars. Only 3 billion dollars came from other sectors.

• After a decade now, the export income of the other sectors, except for the garment, has doubled. The export earnings in RMG sector exceeded 30 billion dollars in fiscal year 2017-18. Export revenue from other sectors was 6 billion dollars which is more than BDT 50,000 Crores.

• The number of products exported was 27 by 2008-2008 fiscal years. The engineering quotas mentioned only two types of products, bicycles and iron chains.

• After one decade, the number of exports products of the company has doubled in the financial year 2017-18. Renewed engineering products include Iron Steel, Copper wire, Stainless steel wire and other engineering materials.

• Slowly new products are being added to the export sector. Alongside the garment industry, light engineering, medicine, footwear, paper, cement and software industries are contributing to the increase in export earnings. Diversification in the export sector is increasing.

• A decade ago, there was no information on Paper and Cement export in the EPB list. These two products have emerged as the export target for the EPB. In the last fiscal year, the export of paper and paper based products has increased to 75 million US dollars.

• Export revenue of cement is about 13 million dollars. Bangladesh is now self-contained in the production of cement. The country is now producing 30 million tons of cement per year and the production capacity is 60 million tons.

Even a few years ago, there was a need to rely on foreign materials to build large infrastructure, now there are many building materials are available in the country. The mega project ‘Padma Bridge’ is being built by domestic brand cement. Not only that, the government has made a deal with local cement companies, to construct Rooppur nuclear power plant, another mega project of nearly BDT one lac crores.

The textile and garment industries being built by private enterprises have stood as the pole of the economy over the last few decades. Bangladesh is moving ahead in other industries as well as progress of medicine in the private sector.

The progress of the industrial sector is also affecting the country's gross domestic product (GDP). According to the estimation of the Bureau of Statistics, GDP growth will stand at 8.13 percent in the current fiscal year. In the last fiscal year, the GDP growth rate was 7.86 percent. If this is the case then final GDP will exceed 8 percent for the first time. The government policy-makers believe that the industry has played a major role mainly due to the 8 percent growth in GDP growth in just last three years, and the breakdown of the 6 percent circle.

The growth of industrial sector has increased in size. Agriculture, Industry and Service - The growth of these three sectors is added to the GDP. In the agricultural sector, at the end of the current fiscal year, the growth will be 3.25 percent, which was 4.9 percent of the last fiscal year. The growth in the services sector is 6.50 percent, which was 6.9 percent in the last fiscal year. Industry sector growth will be 13.02 percent, which was 12.66 percent in the last fiscal year. It is not impossible to achieve double-digit growth in the next three years of 2020 due to the pace of production being achieved.

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Honda Bikes | Made in Bangladesh

Honda Corporation has started manufacturing Honda Motorcycles in Bangladesh with the motto "Honda will be ahead, along with Bangladesh". Honda will be now will be Made in Bangladesh. From now Honda Brand Bikes will be manufacture here in Bangladesh. Japan's giant Motorbike Factory “Honda Motor Corporation” and Industries Minister of Bangladesh Mr. Amir Hossain Amu inaugurated the factory on 25 acres of land in Abdul Monem Economic Zone (AMEZ) in Munshiganj on Sunday, 11^th November 2018.

Abdul Monem Economic Zone (AMEZ) is located in Gazaria, within two mouzas (Bausia and Jajira) of Gazaria upazilla under Munshiganj district. The area is popularly known as Daudkandi which is located west side of Meghna – Gomti Bridge (Daudkandi Bridge). Total covering area is almost 216 acres of land (with option for expansion up to 300+ acres) of exclusively owned land by Abdul Monem Limited.

MP of Bangladesh Government Mr. Saber Hossain Chowdhury, Executive Officer of BEZA Mr. Harunur Rashid, Head of motorcycle department of Honda Motors, Noriyaki Abe, Asia and Oceania chief Masayaki Igarasi, Chief Financial Officer Shah Mohammed Ashikur Rahman were present in the inauguration.

Bangladesh Honda Private Limited (BHL) operates in a single industry segment in Bangladesh under a joint venture between Honda Motor Company Limited, Japan and Bangladesh Steel and Engineering Corporation (State Own Corporation) under The Ministry of Industry, The Peoples Republic of Bangladesh. Honda investment in new factory is BDT 190 Crore and 93 Lac and BSESE's investment is BDT 107.77 Crore taka. The total investment in the future will increase to BDT 680 Crores. Employment will be for two thousand people.

Honda Motor Corporation has opened a company jointly in the name of Honda Bangladesh Limited (BHL) with partner to the Government agency Bangladesh Steel and Engineering Corporation (BSEC). Honda has plans to increase the number of manufacturing motorcycles in the factory within a year, they will manufacture two lacs bikes in the year 2021.

The Company was incorporated in Bangladesh on 4^th December, 2012 as a private limited company and a joint venture agreement was signed on 27^th September, 2012. The commercial production of the company started again from November 01, 2013 with the symbol of Honda two wheelers, the “Wings”.

Now Honda Corporation will make an appeal to the government to write 'Made in Bangladesh' on the new motorcycle manufactured. Tax will be lower after getting this recognition. The company said the permission about “Made in Bangladesh” will reduce the price of motorcycle.

Bangladesh Honda Private Limited organized an inauguration program on 11^th November at the factory in Abdul Monem Economic Zone. Industries Minister Amir Hossain Amu was present as the chief guest. Industries Minister congratulated Honda for the completion of construction of the factory on time. He urged Japanese companies to invest in car manufacturing in the country. Apart from this, the officials of different government and Honda headquarters and local offices were present.

After the ceremony, the officials of the factory told about the different aspects and specialties of the factory. They said, initially the new factory will be made motorcycle structure or body frame and switch arm. Welding and Painting work will also be done in the factory then adds the remaining machines and parts. However, soon Honda will be able to make a piece of these parts.

BHL Managing Director Yoshiro Ishi said, localization has started with the new factory in Bangladesh. In future, most parts will be made in this country. About the price he said, the government will now have to apply for tax rebate. After getting the tax deduction, the price will be reduced accordingly. It is not possible to say how much it will be reduced for now.

Japanese ambassador Hirosu Izumi said earlier in Dhaka that the Honda plant will have a positive impact on Japanese investment in Bangladesh. Paban Chowdhury, executive chairman of Bangladesh Economic Zones Authority (BEZA), said that a special economic zone only for the Japanese is going to launch in the country and the government is positive about another establishment.

Honda Motor Corporation's Senior Managing Director Yoshi Yaman said that Honda has sold 1 million 95 million motorcycles worldwide last year. Honda does not give any discounts to the quality of the field.

For more details please visit official website of Bangladesh Honda Private Limited.

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Bangladesh RMG Factories Received Top LEED Certificates

Envoy Textiles, Remi Holdings and Plummy Fashions of Bangladesh are now world’s top Green environment friendly RMG factories in the world. The top three factories has succeeded keeping pace with the growing demand of Green factories across the world. After Rana Plaza building collapse the RMG industries of Bangladesh faced stern criticism worldwide. This achievement has taken the RGM (ready-made garments) industry of the country to a new height.

Now owners of Bangladeshi garment and knitwear factories are now building new green factories and some are converting their factories into green. These green environment friendly factories have higher production, less carbon emission, power, water and gas saving systems. There are more than 30 green factories in Bangladesh and other hundreds are building.

Envoy Textile Limited is the 1^st Denim producing green factory in the world; the factory is located in Mymensingh district.  BD Taka 14 billion has been invested to build this environment friendly green factory. The Founder and Chairman of Envoy Group Mr. Kutubuddin Ahmed (L) built this world class denim factory in Mymensingh. This factory has World's First LEED Platinum Certified Denim Manufacturing facility which is currently manufacturing of 100% Export Oriented high quality Denim fabrics.

The Remi Holdings tops as a green garment factory. They have invested BDT 1.4 billion to modernize and make their factory green and environment friendly.

The Plummy Fashion ranks first as a green knitwear factory across the globe, they have invested BDT 2.4 billion to become green and environment friendly.

The LEED certification (Leadership in Energy and Environmental Design) provide by the US Green Building Council (USGBC). Green Textiles has a certified international recognition. Certificate awarded after fulfilling some criteria’s and requirements. Points need to achieve in different level of certification. The factory building must ensure the highest standard of building construction. This year a total of 79,600 projects from 161 different countries has received LEED certificates. Among them 30 garments, textiles and washing factories in Bangladesh have received this certification.

Prerequisites for LEED certification:

• Construction materials that create less carbon emission
• Hi-tech machinery for productions
• Saving electricity
• Preserving rainwater
• Having enough space for constructing other buildings
• Ensuring housing facilities
• Schools facilities
• Bazaars or shopping facilities
• Bus stands for the workers within 500 square meters of the factory

LEED Platinum Certification winner factories:

In 2012 as a first factory the Vintage Denim Studio received Platinum certificate. Envoy Textiles of Envoy Group has a Platinum Certificate. Plummy Fashions has an LEED Platinum. Genesis Fashions and Genesis Washing received Platinum Certificate. SQ Group has three Platinum Certificates for three of its factories-SQ Birichina, SQ Collblanc and SQ Celsius-2.

LEED Gold Certification winner factories:

Shruti Textile Mills achieved the Gold Certificate. Osman Interlinings in Dhaka EPZ received Gold Certificate. Tosrifa Industries of Northern Tosrifa Group achieved the Gold Certificate. Two factories of BITOPI Group have achieved Gold Certificate; these are Remi Holdings and Tarasima Apparels. SQ Celsius has a Gold Certificate. Regency Garments (unit-1) of Chittagong EPZ has a Gold Certificate. The AKH ECO Apparels factory of AKH Group has a Gold Certificate. Sri Lankan firm Univogue has a garment factory in Chittagong EPZ and achieved Gold certification. Epyllion Style Factory of Epyllion Group in Gazipur also received the Gold. Viyellatex in Gazipur has a Gold Certificate. Four factories of Sri Lanka’s Kenpark in Chittagong and Karnafuli EPZ received the LEED’s gold certificates. Another Sri Lankan factory named Hela Clothing was awarded gold certificate by LEED. Valtex International BD Ltd also obtained gold certification from LEED.

LEED Silver Certification winner factories:

Epic Garments Manufacturing Factory of Epic Group has an LEED Silver Certificate; the factory is in Adamjee EPZ in Narayanganj. Other two factories of the same group have Silver Certificates also, Epic Group is a Hong Kong based company. The Saiham Knit Composite in Habiganj has an LEED Silver.

Environment-friendly Green factories have been established in the country. These factories fulfill buyer’s demands with the best compliance standards of the world. Now 150 factories are being readied as environment-friendly ones. That will increase confidence of buyers in our clothing industries. It will expand business as well.

Thanks a lot.

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ICA Default List | Name of Bangladeshi Firms

The International Cotton Association (ICA) published a default list of Firms/ Companies/ Industries of various countries of the world that have failed to fulfill awards arising out of contracts made subject to ICA Bylaws & Rules and firms reported by CICCA. The below list was published on May 23, 2014 and updating regularly. Please visit the official website of ICA for more details and updated default listing.

The below list includes name of default firms / companies only from Bangladesh. ICA List of Unfulfilled Awards: Part 1 (ascending order):

• Name of Company - Location - Award Date - Listing Date
• Aegis Cotton Mills Ltd - DHAKA - 18/08/2009 - 11/11/2009
• Akhil Chandra Basak - TANGAIL - 19/12/2001 - 12/07/2002
• Akij Textile Mills Ltd - DHAKA - 22/12/2004 - 05/04/2005
• Alhaj Abdus Sattar - NARAYANGANJ - 20/07/2001 - 12/10/2001
• Alhaj Textile Mills Ltd - DHAKA - 21/12/2001 - 15/08/2002
• Amin Traders - NARAYANGONJ - 27/09/2013 - 23/12/2013
• Arbee Textiles Ltd - CHITTAGONG - 08/06/1999 - 15/09/1999
• Arif Knitspin Ltd - DHAKA - 25/11/2004 - 03/02/2005
• Ashraf Textile Mills Ltd - DHAKA - 29/07/2002 - 11/10/2002
• Asia Composite Mills Ltd - DHAKA - 16/04/2012 - 15/06/2012
• Yarn Traders - NARAYANGANJ - 09/07/2002 - 24/02/2002
• Basher Spinning Mills Ltd - DHAKA - 07/09/2012 - 01/11/2012
• Belkuchi Spinning Mills Ltd - DHAKA - 12/07/2012 - 20/08/2012
• Bhai Bhai Spinning Mills Ltd - DHAKA - 22/06/2012 - 06/09/2012
• Business Capital Bangladesh Ltd - DHAKA - 26/05/2005 - 10/10/2005
• CMC Kamal Textile Mills Limited - DHAKA - 15/12/1999 - 22/03/2000
• Comilla Spinning Mills Ltd - DHAKA - 09/11/2012 - 18/03/2013
• Cosmopolitan Traders - DHAKA - 09/09/2011 - 22/11/2011
• Cotton Corporation - DHAKA - 31/01/2014 - 09/05/2014
• Cotton Handlers Ltd - DHAKA - 09/03/2001 - 15/11/2001
• Cotton Trade International - NARAYANGANJ - 03/12/2004 - 03/02/2005
• Dynamic Textile Industries Ltd - DHAKA - 01/11/1999 - 22/03/2000
• East West Trading International - CHITTAGONG - 26/04/2002 - 15/08/2002
• Famous Spinning Mills - DHAKA - 30/03/2012 - 25/05/2012
• General International - DHAKA - 15/10/2004 - 10/01/2005
• Glory Enterprises - NARAYANGANJ - 28/01/2000 - 08/05/2000
• Goalundo Textile Mills Ltd - DHAKA - 23/09/1998 - 08/12/1998
• Gulshan Spinning Mills Ltd - GAZIPUR - 24/10/2011 - 08/03/2012
• Hanif Spinning Mills Ltd - DHAKA - 04/05/2012 - 29/06/2012
• Ibrahim Cotton Mills Ltd - DHAKA - 22/09/1997 - 02/12/1997
• Ibrahim Textile Mills Ltd - DHAKA - 24/09/2009 - 23/11/2009
• Impressive Textile Mills Ltd - NARAYANGONJ - 13/09/2013 - 15/11/2013
• Jamuna Spinning Mills Ltd - DHAKA - 24/05/2006 - 27/02/2008
• Janata Services - DHAKA - 05/04/2000
• Jobeda Textile Mills Ltd - DHAKA - 20/06/2005 - 28/09/2005
• Jobeda Textile Mills Ltd - DHAKA - 20/06/2005 - 28/09/2005
• Kingshuk Limited - DHAKA - 04/04/2000 - 20/06/2000
• Little Star Spinning Mills Ltd - DHAKA - 31/07/2009 - 11/12/2009
• Mainamati Textile Mills Ltd - COMILLA - 09/09/1999 - 22/03/2000
• Mazeda Traders - NARAYANGONJ - 27/09/2013 - 23/12/2013
• Mobarak Ali Spinning Mills Ltd - DHAKA - 18/01/2012 - 08/03/2012
• Mosharaf Composite Textile Mills Ltd - DHAKA - 31/05/2012 - 27/07/2012
• Mridha & Co - KUSHTIA - 20/12/2001 - 26/07/2002
• MSA Spinning - DHAKA - 02/05/2012 - 13/07/2012
• Multazim Spinning Mills Ltd - NARAYANGANJ - 05/04/2012 - 13/07/2012
• N.Z. Textiles Ltd - DHAKA - 15/02/2012 - 18/04/2012
• Nassa Taipei Spinner Ltd - DHAKA - 14/12/2011 - 09/02/2012
• New Ratan Hosiery - NARAYANGANJ - 25/04/2006 - 23/06/2006
• Ofazuddin Spinning Mills Ltd - DHAKA - 10/01/2002 - 15/08/2002
• Oshin Spinning Mills Ltd - DHAKA - 03/12/2013 - 04/02/2014
• Patriot Spinning Mills Ltd - NARAYANGANJ - 05/04/2012 - 13/07/2012
• Patriot Spinning Mills Ltd - DHAKA - 06/02/2012 - 15/01/2013
• Priyanka Traders - CHITTAGONG - 05/06/2009 - 17/05/2010
• Quasem Cotton Mills Ltd - DHAKA - 17/07/1996 - 21/11/1996
• R.I. Enterprise - DHAKA - 08/03/2013 - 07/06/2013
• Rahman Ahsan Cotton Spinning Mill - CHITTAGONG - 23/10/1996 - 21/02/1997
• Rahmat Spinning Mills Ltd - DHAKA - 25/06/2012 - 06/09/2012
• Rahmat Textiles Ltd - DHAKA - 25/06/2012 - 06/09/2012
• Rangdhanu Spinning Mills Ltd - DHAKA - 09/10/2009 - 03/12/2009
• Ratan Enterprises - NARAYANGANJ - 02/03/2012 - 03/05/2012
• Reliance Spinning Mills Ltd - DHAKA - 12/07/2002 - 11/10/2002
• Rony Enterprise - NARAYANGANJ - 22/12/2004 - 08/03/2005
• Rupshi Textile Pvt. Ltd - NARAYANGANJ - 03/06/2005 - 31/08/2005
• Sekander Spinning Mills Ltd - CHITTAGONG - 21/09/2012 - 21/12/2012
• Sekander Spinning Mills Ltd (PHP Group) - CHITTAGONG - 13/07/2012 - 06/09/2012
• Sekander Spinning Mills Ltd (PHP Spinning) - CHITTAGONG - 08/06/2012 - 27/07/2012
• Shameem Composite Mills Ltd - DHAKA - 17/05/2006 - 27/02/2008
• Shameem Enterprise (Miswar Group) - DHAKA - 26/06/2009 - 21/08/2009
• Shanta Enterprise - NARAYANGANJ - 05/10/2012 - 10/12/2012
• Silver Fibre International - DHAKA - 07/01/2005 - 23/05/2005
• Sumaiya International - NARAYANGONJ - 30/04/2013 - 05/07/2013
• Sungarh Tex Ltd - DHAKA - 09/03/2012 - 03/05/2012
• Tallu Spinning Mills Ltd - DHAKA - 25/09/2002 - 12/02/2003
• Talukder Trading Co - NARAYANGANJ - 25/11/2004 - 03/02/2005
• Tanaka Trade Com International Ltd - 24/05/2012 - 13/07/2012
• Tara Spinning Mills Ltd - NARAYANGONJ - 30/04/2012 - 15/06/2012
• Unitex Spinning Limited - CHITTAGONG - 26/09/2012 - 31/10/2012
• Zaheen Spinning Ltd - DHAKA - 27/01/2012 - 14/03/2014
• Zarina Composite Textile Industries Ltd - DHAKA - 02/10/2006 - 07/03/2007
• Zobair Traders - DHAKA - 17/02/2012 - 18/04/2012

Please read the following Notes published by ICA regarding the lists:

• Any firm without a listing date has been reported by CICCA as having failed to fulfill awards made by other recognized arbitral bodies.
• For information on reporting parties, please email the ICA at: info@ica-ltd.org.
• ICA accepts no responsibility for the accuracy of the information in this list. Responsibility lies with the reporting parties. Please advise ICA of any inaccuracies and they will inform the relevant reporting party.

International Cotton Association Ltd (ICA)

Address: 6th Floor, Walker House, Exchange Flags

Liverpool L2 3YL, United Kingdom

Tel: +44 (0) 151 236 6041

Fax: +44 (0) 151 255 0174

Email: info@ica-ltd.org

Web: www.ica-ltd.org

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