The Daily Star reported that Bangladesh Economic Zones Authority in Bangabandhu Sheikh Mujib Shilpa Nagar in Mirsarai in Chattogram baed McDonald Steel Building Products has started the trial operation of its manufacturing plant on January 25. However, the McDonald's new manufacturing unit will take up to one month to begin commercial production of galvanised and prefabricated steel sheets. The official inauguration will be held as soon as possible once incorporated into Prime Minister Ms Sheikh Hasina's schedule. Nippon & McDonald Steel lndustries, a joint venture of Japan's Nippon Steel Corporation and Bangladesh's McDonald Steel Building Products, have engaged Japanese expert to start testing out their machinery. Initially, the two companies have agreed to invest BDT 500 crore (USD 59.19 million) in phases to establish the plant. The company will import raw materials from China, Japan and European countries while finished products will be mainly used by the local industries.Project Director Mr Abdullah Al Mahmud Faruk told The Daily Star that another seven industrial units including that of Asian Paints Bangladesh and Nippon & McDonald Steel lndustries will start running one after another by December this year.
The Daily Star reported that Bangladesh Economic Zones Authority in Bangabandhu Sheikh Mujib Shilpa Nagar in Mirsarai in Chattogram baed McDonald Steel Building Products has started the trial operation of its manufacturing plant on January 25. However, the McDonald's new manufacturing unit will take up to one month to begin commercial production of galvanised and prefabricated steel sheets. The official inauguration will be held as soon as possible once incorporated into Prime Minister Ms Sheikh Hasina's schedule. Nippon & McDonald Steel lndustries, a joint venture of Japan's Nippon Steel Corporation and Bangladesh's McDonald Steel Building Products, have engaged Japanese expert to start testing out their machinery. Initially, the two companies have agreed to invest BDT 500 crore (USD 59.19 million) in phases to establish the plant. The company will import raw materials from China, Japan and European countries while finished products will be mainly used by the local industries.Project Director Mr Abdullah Al Mahmud Faruk told The Daily Star that another seven industrial units including that of Asian Paints Bangladesh and Nippon & McDonald Steel lndustries will start running one after another by December this year.