# Confidence Cement to build new factory in Narsingdi, Bangladesh

Confidence Cement PLC is investing Tk 815 crore to set up a new production facility on 10 acres of land in Narsingdi, Bangladesh. The new unit, named 'Confidence Cement Dhaka Ltd', will have a daily capacity of 6,000 tonnes and is expected to begin operations in the first quarter of 2025, creating about 1,000 direct jobs.

- Type: New facility
- Announced: 2024-09-30
- Where: Narsingdi, Bangladesh, Bangladesh
- Value: $68.0M (8.15B BDT)
- Jobs: 1,000
- Starts operating: Q1 2025
- Status: under construction
- Capacity: 6,000 tonnes per day
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Confidence Cement](https://endata.com/companies/60851.md)
- [LOESCHE](https://endata.com/companies/17179.md) (supplier)
- [Prime Bank PLC](https://endata.com/companies/80203.md) (investor)

## Sources

- [online.thedailystar.net](https://online.thedailystar.net/business/news/confidence-cement-investing-tk-815cr-set-new-factory-3716396), 2024-09-30: "About 80 percent of the construction is complete."
- [cemnet.com](https://www.cemnet.com/News/story/177835/confidence-cement-invests-us-68m-in-new-facility-in-narsingdi.html), 2024-10-02: "Confidence Cement PLC, a leading cement producer based in Bangladesh, is investing BDT8.15bn (US$68.2m) to construct a new production facility on 10 acres of land in Narsingdi."

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