# Fu-Wang Ceramic to invest Tk650cr in greenfield tiles plant in Gazipur

Fu-Wang Ceramic Industry Limited decided to invest Tk650 crore to build a new tiles factory in Gazipur, Bangladesh, to increase daily production capacity by 15,000 square feet.

- Type: Investment
- Announced: 2022-09-01
- Where: Gazipur, Bangladesh
- Value: $77.0M (6.50B BDT)
- Status: announced
- Capacity: 15,000 square feet per day
- Products: ceramic tiles
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Fu-Wang Ceramic Industry Limited](https://endata.com/companies/65114.md)

## Sources

- [tbsnews.net](https://www.tbsnews.net/economy/stocks/fu-wang-ceramic-invest-tk650cr-greenfield-tiles-plant-489602), 2022-09-03: "Fu-Wang Ceramic Industry Limited has decided to invest Tk650 crore to build a new tiles factory in Gazipur to meet the growing demand for construction materials in the country."

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