Confidence cement: investing tk 815cr for a new factory venture

  • Reading time:2 mins read
  • Post comments:0 Comments
You are currently viewing Confidence cement: investing tk 815cr for a new factory venture
Representation image: This image is an artistic interpretation related to the article theme.

The company’s decision to invest in a new facility is a strategic response to the challenging market conditions. Here’s a detailed look at the situation:

Market Challenges

– Cement sales have dropped significantly, nearly halving in recent months. – The industry is facing a tough time due to various factors, including a slowdown in construction activities and increased competition.

Introduction to Confidence Cement Dhaka Ltd

Confidence Cement Dhaka Ltd is poised to revolutionize the construction industry in Bangladesh with its state-of-the-art production facility. This ambitious project is set to produce 6,000 tonnes of cement daily, marking a significant milestone in the country’s infrastructure development.

Financing the Future: A Look at Project Costs

In the world of infrastructure development, financing plays a crucial role in bringing projects to life. A recent analysis reveals that a significant portion of project costs is being funded by banks and non-bank financial institutions. Specifically, these entities are responsible for financing 70 percent of the total project cost. This leaves the remaining 30 percent to be covered by company equity. ## The Role of Financial Institutions

  • Banks and non-bank financial institutions are key players in infrastructure financing. * They provide the necessary capital to cover a substantial portion of project costs.

    The company has a strong presence in the market, with a significant share in the domestic market. ## Introduction to Confidence Cement Dhaka Confidence Cement Dhaka stands as a cornerstone in the realm of domestic cement manufacturing and distribution. The company’s strategic positioning in the heart of Bangladesh’s capital city, Dhaka, has allowed it to cater to a substantial portion of the nation’s construction needs. * Strategic Location: Situated in Dhaka, the company benefits from the city’s status as a hub for both private and public construction projects.

    Introduction to Eco-Friendly Initiatives in Islamic Unit

    The Islamic unit has taken a significant step towards sustainability by introducing eco-friendly machinery from Loesche, a renowned German manufacturer. This initiative not only reflects the commitment to environmental stewardship but also underscores the commercial viability of green technologies in industrial applications.

Leave a Reply