Partex to make international standard cables in Bangladesh

Partex Cables Limited, a sister concern of Partex Star Group, one of the largest conglomerates in the country, is going to make international standard cables for the first time in the country. Mr MA Hashem, founder chairman of Partex launched the operations of Partex Cables Ltd on Saturday at the plant’s premises at Bandar, Narayanganj. Commerce Minister Tofail Ahmed was present as the chief guest. “The government has a plan to generate 40,000MW power by 2030. Now the country imports cable that costs millions. If we can make international standard cables then we can meet this need locally,” MA Hashem said. “The cable industry here is growing rapidly. We plan to make fiber optic cable in the future,” he said. Commerce Minister Tofail Ahmed said: “Once Narayanganj limited to a handful of businesses like jute. Now the place is filled with different industries. This shows how the country is developing.” “The country’s development is unprecedented. Now we earn $35 billion dollars from export. We hope to export $60 billion in 2021,” he added. AKM Salim Osman, MP for Narayanganj 5, Chairperson of Partex Star Group Mrs Sultana Hashem, Vice chairman Aziz AL Kaiser, MD Aziz Al Mahmnood, chairperson of Partex Agro Tabassm Kaiser and Managing Director Mrs Savera H Mahmoom, chief executive officer (cx-1) of Partex Star Group KM Ali, Chief Operating Officer of Partex Calbes AKM Ahasanul Haque and other high officials of the partex star group were present.