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Dhaka, Tuesday 9 February 2010 / 27 Magh 1416 / 23 Safar 1431  
 
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Refrigerators to be exported to Africa, Europe
Economic Reporter

For the first time, a local company is going to export its world standard refrigerators to African and European countries.
RB Group of Companies, a familiar name in the country's electronics and automobiles sector, has completed most of the tasks including signing agreements to export refrigerators to some countries of the two continents. Sources said RB Group would be able to send their world standard products to the countries within few months.
Walton High Tech Industry established on 20 acres of land at Chandra in Garipur, outskirts of the capital Dhaka, is now manufacturing world standard refrigerators. The high-tech factory is capable of producing over six lakh refrigerators annually as against as the domestic demand of four lakh refrigerators. The factory has created an employment opportunity for over two thousand of people.
Policymakers of the company said the factory is equipped with the latest technology and capable to increase production of refrigerators if they get opportunity to export more refrigerators to foreign countries.
Assistant Director of RB Group (Export) Mizanur Rahman said Japanese entrepreneurs now are not interested in manufacturing refrigerators in their country as they are facing high labour cost and other problems. Japanese now see import of refrigerators from foreign countries like Bangladesh that witness duty free facility and cheap labour cost.
With a view to importing refrigerators from Bangladesh, representatives of several Japanese companies recently visited the Walton High Tech Industry and have expressed their satisfaction over the world standard production facility of the factory. Some Japanese companies have already taken some initiatives like opening LC to import refrigerators. Mizanur Rahman hoped that within few months Walton refrigerators would be exhibited in the showrooms of Japan and some European countries.

 
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