Industrialist Abdul Monem, the managing director and chairman of Abdul Monem Limited (AML), has passed away at a hospital in Dhaka. He breathed his last at the Combined Military Hospital (CMH) around 10am on Sunday.

The veteran civil engineer who founded the conglomerate in 1956, Abdul Monem was admitted to the hospital on May 17 after he suffered a stroke.

Abdul Monem developed country’s top infrastructure projects ( funded by Word Bank, ADB, JICA etc.) throughout the long development periods.

Apart from infrastructure and development project it has also become the bottler of Coca Cola, the producer of number one ice-cream brand Igloo, Igloo milk and dairy products, Igloo food items and snacks, manufacturer of pharmaceuticals, maker of auto bricks, bitumen and other selected construction materials. Mr. Monem also established AM Sugar Refinery Ltd., AM Rice Bran Oil, ServicEngine BPO, AM Securities and Financial Services Ltd.

In 2015, it was awarded to develop one of the first private economic zones of the country i.e. Abdul Monem Economic Zone (AMEZ) in Daudkandi, Munshiganj on its land of 216 acres.

The company employ over 10,000 work forces.