15 New Factories with Japanese and US Support Expected to Create Jobs and Boost Market Confidence.
News of foreign investment in Beximco Group has generated fresh optimism among investors, particularly following the announcement of 15 new factories to be established under three of its listed companies. The development has already led to positive momentum in the share prices of two of the companies—excluding Beximco Ltd., which remains at the floor price despite rising investor interest.
In a disclosure to the Dhaka Stock Exchange (DSE) on September 22, Beximco Ltd. confirmed that the factories will be built in collaboration with investors from Japan and the United States. The company aims to earn a net profit of BDT 380 crore from the project by December 2026.
Although Beximco’s shares remain unmoved on the main board, recent activity in the block market suggests growing investor engagement. Market insiders believe it’s only a matter of time before momentum spills over into regular trading.
On September 25, Beximco issued an official statement confirming the authenticity of a news article published by Prothom Alo on September 18, titled “Japanese and US Investment Coming to Launch 15 Beximco Factories.” The company stated that it expects the new investment to significantly expand its business operations and positively impact its financial standing.
“If the factories can become fully operational by October, our financial targets are achievable,” Beximco stated in its letter.
Broader Economic Impacts
Analysts suggest that the impact of this investment goes beyond Beximco alone. The project is expected to create thousands of jobs, helping to reduce unemployment, and contribute to strengthening Bangladesh’s foreign currency reserves. Moreover, such initiatives enhance the country’s image among global investors.
At a time when concerns about declining foreign investment in Bangladesh’s capital market are prominent, Beximco’s move stands out as a promising exception. Experts see it as proof that foreign investors still view Bangladesh’s sectors as promising.
“When a major local company can attract international investment, it sets a precedent for others,” said one market analyst. “This is the kind of confidence boost the market needs.”
Investor Confidence and Market Outlook
Investment experts believe that projects of this scale carry wider significance for the capital market. Beyond the potential earnings for Beximco, such initiatives signal long-term stability and restore investor confidence, which is critical for sustained growth.
“This isn’t just about one company. It’s about restoring faith in the entire market,” the analyst added.
As the new factories gear up for launch, all eyes remain on Beximco and the broader market response in the coming weeks.
