News & Announcements

Continuing its involvement in the Textile and Garments sector, ORION has taken another significant step by entering the denim industry. Bangladesh has emerged as a leading player in the global denim export market, capturing a significant market share and achieving double-digit growth.

To contribute to this growing industry, ORION plans to establish a state-of-the-art denim complex, including washing and extended RMG units, on prepared land in Tongi, Gazipur, under a Public-Private Partnership (PPP) initiative. Recently, Orion Quaderia Textiles Ltd. received a Letter of Award (LOA) from the Bangladesh Textile Mills Corporation (BTMC) for the project titled “Development of a Textile Mill at Tongi (Quaderia), Gazipur, Bangladesh through PPP.”

To mark this milestone, Orion Quaderia Textiles Ltd. formally signed a PPP contract with BTMC on Sunday, July 21, 2019. The ceremony was hosted by ORION at Utshab Hall, Radisson Blu Dhaka Water Garden Hotel.

The event was graced by Mr. Golam Dastagir Gazi (Bir Protik), MP, Honorable Minister of the Ministry of Textiles & Jute, as the Chief Guest. Mr. Mirza Azam, MP, Chairman of the Parliamentary Standing Committee on the Ministry of Textiles & Jute; Mr. Md. Abul Kalam Azad, Principal Coordinator (SDG Affairs) at the Prime Minister’s Office; and Mrs. Rina Parveen, Secretary (Interim Charge) of the Ministry of Textiles & Jute, attended as Special Guests.

The agreement was signed by Mr. Salman Obaidul Karim, Managing Director of Orion Quaderia Textiles Ltd., and Brig. General Mohammad Karmuzzaman, Chairman of BTMC, on behalf of their respective organizations.

During the event, Mr. Salman Obaidul Karim expressed his sincere gratitude to the Honorable Prime Minister for promoting the PPP model as a global role model for development. Construction of this landmark project will begin soon after the land is formally handed over by BTMC, with production expected to commence within two years.