“Meghna Group” singed MOU with Thailand’s corporate house “PM Group”

At the proactive initiative of Bangladesh Ambassador in Thailand, Bangladesh’s leading industrial business house “Meghna Group”and Thailand’s front line corporate house “PM Group” yesterday signed a Memorandum of Understanding (MoU) on establishing a a US$ 150 Bi-axially Oriented Polypropylene ( BOPP) factory in Bangladesh through a joint venture initiativ.

Mr. Mostafa Kamal, Chairman of Meghna Group signed the MoU on behalf of the Meghna Group Bangladesh while Mr. Chalermchai Mahagitsiri, Chief Executive of the PM Group of Thailand signed it on behalf of the PM Group which was witnessed by H.E.

Saida Muna Tasneem the Ambassador of Bangladesh to Thailand and Cambodia. With the signing of MoU, PM group will invest at around $150 million in Bangladesh in phases to set up a BOPP Manufacturing plant in collaboration with the Meghan Group of Bangladesh.

Since taking the helms of the Embassy of Bangladesh in Bangkok,Ambassador Tasneem has been working relentlessly for attracting Thai FDI to Bangladesh. She held a series of meetings with Thai Board of Investment, Thai – Bangladesh Business Council and business communities of Thailand. Bangladesh Embassy organized a Investment trip of the delegation of PM Groups sister Concern Thai Film Industry, to Bangladesh in December 2014 that helped the delegation to finalize their joint venture partnership with the Meghna Group.

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