# SCC and Great Wall form joint venture in Bangladesh

SCG Trading, a subsidiary of Siam Cement Public Company Limited (SCC), has entered into a joint venture agreement with Great Wall Ceramic Industries Ltd. to establish Smart Build Bangladesh Co., Ltd. in Bangladesh. The joint venture has a planned capital of 63.5 million BDT (approximately 25 million THB), with SCG Trading holding a 51% stake and Great Wall holding 49%.

- Type: Partnership
- Announced: 2018-12-12
- Where: Bangladesh, Bangladesh
- Value: $750K (63.5M BDT)
- Status: announced
- Products: ceramic tiles, sanitary wares
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Siam Cement Public Company Limited](https://endata.com/companies/36091.md)
- [SCG Trading Company Limited](https://endata.com/companies/36092.md) (partner)
- [Great Wall Ceramic Industries Ltd.](https://endata.com/companies/36093.md) (partner)
- [Smart Build Bangladesh Co., Ltd.](https://endata.com/companies/36094.md) (target)

## Sources

- [kaohoon.com](https://www.kaohoon.com/news/international/267980), 2018-12-12: "SCG Trading has entered into a joint venture agreement with Great Wall Ceramic Industries Ltd. to co-invest and establish Smart Build Bangladesh Co., Ltd."

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