Beximco Textiles eyes US market via Africa


-- June 10, 2005

Beximco Textiles will send a high-level delegation to explore African markets to take advantage of the opportunities offered by a US law, a top company official said today.

The First Lady of Uganda, Ms. Janet Museveni, who paid a visit to Beximco Industrial Park at Kashimpur, Gazipur on Wednesday (June 8, 2005), invited Beximco officials to explore potentials offered by her country and the continent.

“We are honoured to accept the invitation and confirm that a top-level delegation from Beximco would visit Uganda in the near future,” said Syed Naved Husain, Beximco Textiles CEO and a Group director.

The Ugandan First Lady and her fellow visitors from Uganda were impressed to see South Asia's largest cotton to garment vertical textile complex with strong research and development facilities.

They saw the spinning, weaving, dyeing, finishing, stitching units, and particularly the design and product development centre catering to globally reputed brands and retailers.

“Uganda can benefit from the size, scale and expertise of Beximco,” Ms Museveni was quoted to have told Beximco officials.

Beximco hopes to benefit from US law

A US law, African Growth and Opportunity Act or AGOA, has brought down barriers to trade when it comes to doing business with African nations.

AGOA has led to an increase in exports, jobs, and an expansion of opportunity for Africans.

It has given American businesses greater confidence to invest in Africa, and encouraged African nations to reform their economies and governments to take advantage of the opportunities that AGOA provides.

The Beximco team will look into the possibility of enjoying such benefits through collaborative efforts in Uganda with an eye on the US market.

Ms. Museveni and her team also visited Shinepukur Ceramics Limited, another Beximco company, located in the industrial park.


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Proyash


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  • A specialized institute that works for the holistic development of children with special educational needs through different programs
  • Include early childhood development programs (ECD), special schooling, therapeutic interventions, medical and neuro-developmental assessment, leisure time and co-curricular activities, training for the teachers, parents and integrated services


Other CSR Initiatives


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  • Charity contributions through the Gono Sahajjo Songstha (GSS) for the educational sector for the unprivileged
  • Free drugs during natural calamities and distribution of clothing during winter
  • As part of BEXIMCO Group’s focus on society development, Fazlur Rahman Foundation has established a project called "FRF Diagnostic Centre". The project provides health screening services for Beximco Pharmaceuticals and Beximco Antibiotics Industries employees.
  • Sponsoring events and national sport stars and teams
  • Official sponsor of the Bangladesh National Cricket team for the ICC Cricket World Cup 2011
  • Official sponsor of the FIFA friendly match between Argentina and Nigeria held in September, 2011