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3 November, 2019 00:00 00 AM

A showcase of construction equipment

A showcase of construction equipment

Several machinery and equipment manufacturers from different countries presented their equipment at the Build Bangladesh International Expo 2019, as they found the construction equipment industry in Bangladesh to be a massively growing market.

The visitors were here to explore opportunities for sustained and profitable business deals in the infrastructure sector.

Infrastructure-related businesses in the country are on the rise, as major development projects are either on or are in the pipeline, according to participants in the 26th Build Bangladesh International Expo 2019.

The three-day-long 26th Build Bangladesh International Expo 2019 concluded last week in the capital. It had begun on October 17 to showcase construction materials and equipment. More than 300 stalls and 267 companies from 16 countries, including Bangladesh, India, China, Sweden, Germany, Italy, the US, Uzbekistan, UAE, Malaysia, Thailand, Indonesia, Egypt, Sri Lanka, Finland and Turkey, showcased their products at the expo held at the International Convention City Bashundhara (ICCB) in the capital.

The exhibition was hosted by the Conference and Exhibition Management Services Ltd (CEMS Global), previously known as the Con-Expo. The comprehensive exhibition was aimed at targeting infrastructure developers so that they could find all major equipment and services pertaining to infrastructure development. Power, solar power, lighting companies, water marketing firms, real estate companies, and safety and security firms participated in the expo.

"Our company deals with solar solutions. We aim to meet big industrialists and government people as the investment volume is big," said Exelon Bangladesh Ltd general manager Nahid Hasan at the expo.

Meherun N Islam, president and managing director of CEMS-Global (USA and Asia Pacific), said: "According to The Spectator Index, Bangladesh recorded the highest economic growth among 26 countries in the last 10 years. The country's gross domestic product (GDP) expanded 188 per cent at the current price during the period."

"In the past decade, China's economy grew by 177 per cent, India's by 117 per cent, Indonesia's by 90 per cent, Malaysia's by 78 per cent, Australia's by 41 per cent, and Brazil's by 17 per cent," she also said.

"Once Chinese people did not know the geographical location of Bangladesh, but now China makes big investment in our economy. This expo is a great networking tool for all infrastructure developers, with construction, power, solar, water, safety and security, lighting and real estate companies taking part from around the globe," she added.

Tanveer Qamrul Islam, executive director of CEMS, said: "Many countries have already expressed their interest to invest in Bangladesh. Currently, many companies are planning to start production units here. The infrastructure of a country is one of the major wheels needed to keep an economy moving towards growth."

At present, major infrastructure development projects are the metro rail, the double-decker Padma Bridge (roadway and railway), the airport terminal, the Karnaphuli tunnel, and a nuclear power plant, he added.

Besides this exhibition, a seminar titled "Industrial Rooftop Solar—industrial capital expenses (CAPEX), operating expenses (OPEX) model was also organised on the inaugural day. Another seminar titled "Sustainable Management of Industrial Water and Wastewater: Investment and Operations" was held on the exhibition premises.

FloWater Solutions Ltd. (FloWater), a leading water and wastewater solutions company from Bangladesh, participated in the fair to showcase their product—industrial rooftop solar.

Mustafa AK Khan, founder and managing director of FloSolar and FloWater, said: "We have taken a major step towards providing a one-stop and total environment solution to our clients which will integrate technology with financial solutions."

"FloSolar has been launched to build up a portfolio of 300 MWp industrial rooftop solar PV projects with bankable private and public off takers. The engineering procurement construction (EPC) will be done by our global partners like Sharp Solar Solution Asia Ltd, with local engineering support from FloSolar," he added.

FloSolar Solutions Ltd. (FloSolar) is a private limited company working on industrial rooftop solar solutions for a variety of industries with rooftop space. Founded in 2019, FloSolar is developing renewable energy projects in partnership with foreign EPC partners for industries, including rooftop solar electricity mini grids. FloSolar also has expertise in working with a variety of global partners, including international engineering EPC companies, and financial partners.

"We are also showcasing the opportunity for investment in large-scale industrial rooftop solar projects," said Khan.

"Our company, FloSolar Solutions Ltd. (FloSolar), can provide both CAPEX and OPEX models for industrial rooftop solar in Bangladesh in order to achieve the country's 10 per cent renewable energy generation goal by 2020," he added.

FloSolar Solutions Ltd. (FloSolar) is in collaboration with Sharp Energy Solutions Corporation, which has an extensive rooftop solar portfolio in Asia and 60 years of experience in developing solar technology.

Rupayan Group is taking Dhaka towards the future with its first in-city gated community, Rupayan City Uttara.

Taking part at the fair, Moinuddin, a stall representative of Rupayan Group, said that every amenity was available inside this city to help people lead a peaceful life. Rupayan City Uttara is going to be Dhaka's ultimate real estate venture in terms of vision and scope, encompassing both residential and commercial properties.

Humayun Kabir, project manager of Sajeeb Group, said: "We import FirePro, a type of fire extinguisher from Europe. It is capable of controlling fires in the early stages."

FirePro designs, manufactures, and distributes worldwide the environment friendly FirePro Condensed Aerosol Fire Extinguishing Technology Systems. FirePro has been the leading brand in the condensed aerosol fire extinguishing technology for the past two decades, headded

Speaking at the fair, Miyazi Minhajul, manager of Sajit Asia Ltd, said that Miura has been committed since 1927 to developing, manufacturing and servicing the most efficient hot water, modular and steam boiler systems. "That commitment extends to more than simply lowering the fuel consumption," he added.

Miura boilers meet lower NOx standards, reduce maintenance and monitoring needs, and reduce space requirements. Today, Miura boilers continue to push the boundaries of efficiency, he added.

"We produce the most efficient industrial boiler system solutions in the world—from 50 Boiler Horsepower (BHP) up to 4,500 Boiler Horsepower (BHP) with a single lead lag controller. So far, no Miura boiler has exploded anywhere in the world," he said.

"Ninety-five per cent of the requirements of visitors has been fulfilled at this exhibition. The increasing footfall is not only from the real estate field, but also from other sectors," said CEMS-Global (USA and Asia Pacific) president Meherun N Islam.

"We are helping our exhibitors to market their products. A lot of foreign companies have come to showcase their products. Our target is to reconcile our local companies with those foreign companies so that they can work as joint-ventures," she added.

At present, major infrastructure development projects in Bangladesh such as the metro rail, an expressway with access control, Padma Bridge (roadway and railway), a subway, BRT (bus rapid transit lines), an airport terminal, a tunnel in the Karnaphuli, and a nuclear power plant are all in progress.



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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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