Alu Hi-Tech Industries builds USD 100m beverage can plant in Bangladesh
Chinese manufacturer Alu Hi-Tech Industries is investing USD 100m in a beverage can factory at the Kaliakoir Hi-Tech Park in Gazipur, Bangladesh, on a 13-acre site. The plant is designed for annual output of 100 crore (1 billion) cans, with about 90% intended for export, and the company aims to start production within eight months once a gas connection is secured.
Why this mattersA new export-scale can plant adds low-cost Asian capacity that could compete with established producers supplying South and Southeast Asian beverage markets.
- Alu Hi-Tech Industries is investing USD 100m in the plant.
- The site covers 13 acres at Kaliakoir Hi-Tech Park, Gazipur, Bangladesh.
- Planned annual capacity is 100 crore (1 billion) beverage cans.
- About 90% of output is earmarked for export, the rest for the domestic market.
- Production is targeted to start within eight months, pending a gas connection from the Bangladesh Hi-Tech Park Authority.
- Machinery and raw materials for the factory are to be imported from China.
Sources
Traders Union