# Bashundhara Industrial Complex to expand cement capacity in Narayanganj

Bashundhara Industrial Complex, the cement arm of Bashundhara Group, will invest Tk 447.53 crore to expand its Madanganj factory in Narayanganj, increasing annual capacity from 2.1 million tonnes to 3 million tonnes. The new extension unit is expected to begin commercial operation in 2020.

- Type: Expansion
- Announced: 2019-02-12
- Where: Madanganj, Narayanganj, Bangladesh
- Starts operating: 2020
- Status: announced
- Capacity: 3 million tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Bashundhara Industrial Complex](https://endata.com/companies/37246.md)
- [Bashundhara Group](https://endata.com/companies/22594.md) (partner)

## Sources

- [d11.thedailystar.net](https://d11.thedailystar.net/business/news/bashundhara-invest-tk-447cr-boost-cement-production-1701292), 2019-02-12: "We are enhancing our cement production capacity to meet the rising demand."
- [online-d11.thedailystar.net](https://online-d11.thedailystar.net/business/news/bashundhara-invest-tk-447cr-boost-cement-production-1701292), 2019-02-12: "We are enhancing our cement production capacity to meet the rising demand."
- [online91.thedailystar.net](https://online91.thedailystar.net/business/news/bashundhara-invest-tk-447cr-boost-cement-production-1701292), 2019-02-12: "We are enhancing our cement production capacity to meet the rising demand."

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