BAT Plans US$13.6 Million Investment in Savar Plant, Bangladesh

British American Tobacco Bangladesh plans to invest 1.5 billion Bangladeshi Taka (approximately 13.6 million USD) in its Savar plant.

According to a report by the Business Post on September 24, British American Tobacco Bangladesh plans to invest 1.5 billion Bangladeshi Taka (approximately 13.6 million USD) in its Savar plant. This investment will be generated from internal sources and bank financing based on the company's cash flow, as disclosed by the Dhaka Stock Exchange.

It has been reported that British American Tobacco Bangladesh is constructing a bonded warehouse for storing packaging materials, leaves, and finished products. The company is also investing in electrical, fire detection and protection systems, air conditioning and ventilation systems, IT systems, and security systems, as well as the construction of on-site ancillary facilities for employee welfare and factory services, reinforced concrete road construction, and establishing an underground drainage system.

Earlier this year, the company invested in the Savar plant to establish emergency capabilities and take advantage of upcoming export opportunities.

British American Tobacco Bangladesh is headquartered in Dhaka, with cigarette factories in Dhaka and Savar, a green leaf threshing plant in Kushtia, and a green leaf re-drying plant in Manikganj.