The capital market-listed British American Tobacco Bangladesh Company (BAT) Limited has made the decision to expand its production capacity through a fresh investment. About 20 million British pounds, or 297 crore taka, would be invested by the corporation.
During the company’s board of directors meeting on Wednesday, June 25, the investment decision was made. Sources within the organization disclosed this information.

The source claims that the corporation has opted to expand the manufacturing capacity of the Savar factory after closing its cigarette production facility in Mohakhali, the capital of Dhaka. This factory will receive the proposed 297 crore taka investment. Bank loans and the company’s own funds will be used to finance the investment. And after examining the cash flow, the ultimate amount of money to be given will be decided.