[🇧🇩] Turkey---A Strategic Partner of Bangladesh

[Saif]

Top Turkish firm plans to invest in Bangladesh

Top Turkish business group Koc Holdings has planned to set up a component manufacturing plant in Bangladesh in an effort to export components to its factories all over the world, senior company officials said on Thursday.

www.newagebd.net

Top Turkish firm plans to invest in Bangladesh
Bangladesh Sangbad Sangstha . Dhaka 30 January, 2025, 22:31

Fatih Kemal Ebiclioglu, president of Koc Holdings company, calls on chief adviser Professor Muhammad Yunus at the State Guest House Jamuna in Dhaka on Thursday. | BSS photo

Top Turkish business group Koc Holdings has planned to set up a component manufacturing plant in Bangladesh in an effort to export components to its factories all over the world, senior company officials said on Thursday.

Fatih Kemal Ebiclioglu, president of the durable unit of the $60 billion Turkish company, announced the plan when a business delegation led by him met chief adviser Professor Muhammad Yunus at the State Guest House Jamuna in Dhaka.

During the meeting, Fatih said the company has set up a home appliance manufacturing plant at Araihazar in Narayanganj after acquiring Singer Bangladesh Limited several years ago.

‘We are in the second stage of our investment. Bangladesh has good potential,’ he said while talking about business prospects in the country.

Professor Yunus welcomed more Turkish investment in manufacturing in Bangladesh, saying the country is now ready for business.

‘Set up factories in Bangladesh to export goods to Turkey, Europe, and all over the world,’ chief adviser said.

He said Bangladesh could be a manufacturing and production hub for halal goods. ‘It can easily be an assembly investment hub,’ he said.

Lutfey Siddiqi, special envoy to the chief adviser, and Chowdhury Ashik Mahmud Bin Harun, executive chairman of Bangladesh Investment Development Authority were also present in the meeting.​

 

[Saif]

Singer Bangladesh launches state-of-art home appliances plant in BSEZ

Singer Bangladesh Limited, a subsidiary of Beko, flagship of Türkiye’sKoç Holding, today held the ‘Grand Opening Ceremony’ of its state-of-the-art Home Appliances Plant. The opening ceremony was graced by the presence of the Executive Chairman of Bangladesh Economic Zo

thefinancialexpress.com.bd

Singer Bangladesh launches state-of-art home appliances plant in BSEZ
Published :
Jan 30, 2025 22:56
Updated :
Jan 30, 2025 22:56

Singer Bangladesh Limited, a subsidiary of Beko, flagship of Türkiye’sKoç Holding, today held the ‘Grand Opening Ceremony’ of its state-of-the-art Home Appliances Plant. The opening ceremony was graced by the presence of the Executive Chairman of Bangladesh Economic Zones Authority (BEZA), Mr. Chowdhury Ashik Mahmud Bin Harun as the Chief Guest, while the Ambassador of Türkiye to Bangladesh, His Excellency, Mr. Ramis Sen, graced the event as Guest of Honour among other key stakeholders.

The event saw the attendances of Dr. Fatih Kemal Ebiçlioğlu, President of Consumer Durables Group at KoçHolding, Mr. HakanBulgurlu, Chief Executive Officer (CEO) at Beko, Mr. Can Dinçer, Chief Commercial Officer Türkiye and South Asia at Beko, Mr. BarışAlparslan, Chief Financial Officer (CFO) at Beko, Mr. Nihat Bayız, Chief Production & Technology Officer at Beko, Mr. CemKural, Chief Purchasing and Supply Chain Officer at Beko, Ms. Sibel Kesler, Executive Director of Finance South Asia at Beko, Ms. Handan Abdurrahmanoğlu, Director of South Asia Regional Marketing, Business Transformation & Growth at Beko, and Mr. M H M Fairoz, Managing Director and CEO at Singer Bangladesh Limited along with other officials from Koç Group, Beko and Singer Bangladesh.

Emphasising that the new facility will not only enhance Singer Bangladesh's manufacturing capacity but also strengthen its market position Dr. Fatih Kemal Ebiçlioğlu, President of Consumer Durables Group at KoçHolding said: “At Koç Holding, we are committed to pursuing sustainable growth, guided by our core values and long-term vision. Our investments are strategically designed to meet the evolving needs of diverse markets, delivering solutions that drive growth and improve both industries and communities. South Asia plays a pivotal role in our global growth strategy with its strategic location, young and energetic workforce, and rapid urbanization. Over the past 10 years, Beko has invested nearly $600 million across the region with Bangladesh emerging as one of the most investment-friendly and promising markets. Since acquiring Singer Bangladesh Limited, we have introduced Beko’s global expertise to improve the consumer durables industry and enhance the lives of Bangladeshi people. This factory stands as a testament to our commitment to positioning Bangladesh as a regional manufacturing hub. Employing up to 4,000 people, it leverages advanced technologies such as artificial intelligence (AI), and the Internet of Things (IoT). We believe that it will serve as a benchmark for others exploring opportunities in this vibrant region.”

Spanning 135,000 square meters, the new facility is a flagship project within BSEZ (Bangladesh Special Economic Zone) and will produce refrigerators, televisions, washing machines, air conditioners and other major appliances for the local market. By producing over 90% of its products domestically, the Home Appliances Plant will cater to the Bangladeshi market while positioning Bangladesh as a regional hub for consumer durables in the medium to long term. It will develop a robust local supplier ecosystem, significantly reducing dependence on imports in the sector. Plans are also underway to export products to neighboring countries in South Asia, further solidifying Singer Bangladesh’s role in the regional market.

Highlighting that the new plant marks the beginning of a sustainable, smart and the highest quality in-house production processes for Singer Bangladesh Mr. HakanBulgurlu, Chief Executive Officer (CEO) at Beko said, “Bangladesh is far more than just a market—it is a land of opportunity, innovation, and potential. By combining Singer’s 120-year legacy, deep local knowledge, and extensive network with Beko’s global expertise, we’ve created a strong foundation for growth in the country. Since 2019, we’ve invested $146 million in Singer Bangladesh, including this state-of-the-art facility. This factory represents the future of manufacturing, merging cutting-edge technology with a dedication to protecting the planet while driving economic growth. Built to LEED gold standards, it incorporates solar readiness and a zero-waste philosophy, reflecting on Beko’s commitment to sustainability, tackling climate change, and achieving net-zero emissions by 2050. I believe it will stand as a symbol of our shared vision for a better future—benefiting people, the planet, and prosperity alike.”

Singer Bangladesh Limited embarked on a transformation journey in retail, employee experience and manufacturing in 2024. As part of this strategic initiative, the company relocated its headquarters to a new facility, adopting Beko's global workplace standards and establishing a pioneering concept store in Gulshan 1. Launched today, the new manufacturing plant embarks another milestone in this journey. The company also opened a new flagship concept store in Gulshan 2. The company aims to bring Koç Group and Beko’s global expertise and standards to Bangladesh and enhance the consumer experience, reaffirming Singer Bangladesh's commitment to excellence.

The Managing Director & CEO of Singer Bangladesh Limited, Mr. M H M Fairoz said, "At Singer Bangladesh, we are committed to keeping customer-centricity at the core of our operations. Our ongoing transformation aims to bring contemporary and global standards to the Bangladeshi market, enhancing the experience for our valued customers. With a vision to establish Singer Bangladesh as one of the leading brands in the country, we are leveraging our global expertise to contribute to the growth of the consumer durables industry and improve the lives of the Bangladeshi people."

The design of the new factory has been optimised to maximise natural daylight, with skylight roof surfaces being used for sustainable energy management. The new facility is solar-ready, and the installation of solar panels would prevent up to 60% of carbon emissions. Rainwater will be harvested and stored for use of grey water and for landscape irrigation. Energy monitoring systems will be used to ensure sustainability and quality targets are met. The construction of the plant has been carried out mainly using locally sourced and recycled materials.​

 

[Saif]

Turkish First Lady applauds Prof Yunus at UN Zero Waste Day

First Lady of the Republic of Türkiye Emine Erdoğan has expressed heartfelt appreciation for Chief Adviser Professor Muhammad Yunus for his outstanding contributions and global advocacy in advancing the cause of zero waste. She came up with the appreciation at the United Nations General Assem

thefinancialexpress.com.bd

Turkish First Lady applauds Prof Yunus at UN Zero Waste Day
UNB
Published :
Mar 28, 2025 19:16
Updated :
Mar 28, 2025 19:16

First Lady of the Republic of Türkiye Emine Erdoğan has expressed heartfelt appreciation for Chief Adviser Professor Muhammad Yunus for his outstanding contributions and global advocacy in advancing the cause of zero waste.

She came up with the appreciation at the United Nations General Assembly on Thursday, according to the Bangladesh Mission in New York.

Delivering the keynote address at the high-level commemoration of the International Day of Zero Waste—focused on fashion and textile waste, First Lady Erdoğan warned of the devastating impact of the current linear production model and called for an urgent shift in global consumption patterns.

She emphasised the importance of reducing, reusing and recycling to protect the planet’s future.

The event also featured remarks by the President of the General Assembly, the UN Secretary-General, and the Executive Directors of UNEP and UN-Habitat.

A dynamic panel of global experts, civil society leaders, and activists shared their thoughts on addressing the growing challenge caused by textile waste.

Speaking on the occasion, Permanent Representative of Bangladesh to the UN Ambassador Salahuddin Noman Chowdhury highlighted Bangladesh’s strong commitment, initiatives and achievements with regard to sustainability in the textile industry.

The Ambassador also called for greater responsibility from multinational brands and emphasised the need to empower consumers to make sustainable choices.

On behalf of Professor Yunus, a former member of the UN Secretary-General’s Advisory Board of Eminent Persons on Zero Waste, Ambassador Chowdhury conveyed appreciation to First Lady Erdoğan for her visionary leadership as the current Chair of the Advisory Board.​