ORION signs agreement with Bangladesh Textile Mills Corporation (BTMC) through PPP
21st July, 2019
In continuation of Orion’s involvement in Textile & Garments sector, Orion has extended another footstep into denim industry. Bangladesh is leading the global denim export markets by grabbing maximum market and securing a double-digit growth. Orion will establish a state-of-the-art Denim complex alongwith washing and extended RMG units on a ready land in Gazipur, Tongi through PPP. Orion Quaderia Textiles Ltd. recently grabbed a Letter of Award (LOA) from BTMC for the ‘Development of a Textile Mill at Tongi (Quaderia), Gazipur, Bangladesh through PPP’.
To mark this success, Orion Quaderia Textiles Ltd. formally signed a PPP Contract with Bangladesh Textile Mills Corporation (BTMC) and on Sunday, July 21, 2019. The ceremony was hosted by ORION at Utshab Hall, Radisson Blu Dhaka Water Garden Hotel with Mr. Golam Dastagir Gazi (Bir Protik), MP, Hon’ble Minister, Ministry of Textiles & Jute as the Chief Guest. Mr. Mirza Azam, MP, Chairman for Parliamentary Standing Committee, Ministry of Textiles and Jute, Mr. Md. Abul Kalam Azad, Principal Coordinator, Sustainable Development Goals (SDGs) Affairs, Prime Minister’s Office and Mrs. Rina Parveen, Secretary (Interim Charge), Ministry of Textiles & Jute attended as the Special Guests in this auspicious occasion. Mr. Salman Obaidul Karim, Managing Director of Orion Quaderia Textiles Ltd. and Brig. General Mohammad Karmuzzaman, Chairman of BTMC signed the agreement respectively on their behalf.
Mr. Salman Obaidul Karim, Managing Director of Orion Quaderia Textiles Ltd. expressed his utmost gratitude towards the Honorable Prime Minister to uplift PPP as ‘role model’ globally. The construction of this landmark project will be started soon after handover of the land by BTMC and will come to production in 2 year’s time.