# Confidence Group builds Tk815 crore cement factory in Narsingdi, Bangladesh

Confidence Group is investing Tk815 crore to build a new cement factory, Confidence Cement Dhaka Limited, at Danga in Palash Upazila, Narsingdi, Bangladesh. The plant will have an annual production capacity of 18 lakh tonnes and is expected to start production in Q3 2024.

- Type: New facility
- Announced: 2023-08-01
- Where: Danga, Palash Upazila, Narsingdi, Bangladesh
- Value: $74.0M (8.15B BDT)
- Starts operating: Q3 2024
- Status: under construction
- Capacity: 18 lakh tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Confidence Group](https://endata.com/companies/71759.md)

## Sources

- [tbsnews.net](https://www.tbsnews.net/economy/industry/confidence-group-looks-dhaka-zone-market-plans-new-cement-factory-674974), 2023-08-01: "This new factory is being established to expand our presence in the market of Dhaka and its surroundings."

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