# Bashundhara Group to build packaging paper plant in Bangladesh with Valmet technology

Bashundhara Group signed an agreement with Valmet to establish a packaging paper manufacturing facility in Bashundhara Special Economic Zone, Keraniganj, Bangladesh. The project will cost around Tk 4,000 Crore and create 10,000 jobs, with production capacity of 2,000 tonnes of pulp and board per day.

- Type: New facility
- Announced: 2017-01-19
- Where: Bashundhara Special Economic Zone, Keraniganj, Bangladesh
- Value: $500.0M (40.0B BDT)
- Jobs: 10,000
- Starts operating: Apr 2019
- Status: announced
- Capacity: 2,000 tonnes per day
- Products: packaging paper, pulp, board
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Bashundhara Group](https://endata.com/companies/22594.md)
- [Valmet Technologies](https://endata.com/companies/22595.md) (supplier)

## Sources

- [papermart.in](https://papermart.in/bashundhara-group-finalized-deal-with-valmet-to-procure-latest-packaging-paper-technology/), 2017-03-02: "Bashundhara Group will establish a packaging paper manufacturing facility in Bangladesh with world’s latest technology by Valmet to produce high-quality products as import substitutes."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.