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A pillar of strength in a rapidly expanding economy

GMI POST

A pillar of strength in a rapidly expanding economy

Banglamark Ltd. was established 15 years ago to assist Bangladesh in surmounting various challenges arising from increased economic globalization. By formulating effective marketing strategies and customized solutions, the company has helped local businesses thrive in a competitive global market.

Banglamark Managing Director Rob Steven | © BANGLAMARK
Banglamark Managing Director Rob Steven | © BANGLAMARK

“We hold an 80% market share in LPG terminal turnkey solution projects. We provide solutions for local investors and manufacturers who are keen on investing in the energy sector. Additionally, we supply heavy machinery in collaboration with a Japanese company,” said Banglamark Managing Director Rob Steven.

“We have also diversified into the agriculture sector by supplying machinery and materials. Our expansion also includes marine engines, serving both the government and private sectors,” Steven added.

During the crippling COVID-19 pandemic, Banglamark capitalized on the opportunity to focus on the country’s agricultural sector. This adaptability and agility delivered robust growth.

“Even before the pandemic, we recognized the importance of the agriculture sector. By focusing on agricultural machinery, we had a positive impact on farming, the retail market and on daily life,” Steven said.

Banglamark’s focus on bringing in new technology, nanotechnology, fertilizers and advanced machinery has slashed production costs for farmers and resulted in more affordable prices for consumers. This commitment to introduce the latest innovation will ensure sustainable growth of Bangladesh’s economy and increase prosperity among its citizens.

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