Listed company Olympic Industries Limited has decided to purchase and import brand-new capital machinery for its multi-functional chocolate plant. The decision was taken at the company’s board of directors meeting held on Sunday (February 16).

This information was revealed by Dhaka Stock Exchange (DSE) sources.

According to the source, Olympic Industries will purchase new machinery worth Tk 136.64 crore from Hong Kong-based M/s Link Sourcing Limited. The annual production capacity of this new machinery will be 3,300 metric tons. The new machineries will be installed and commissioned at the Lolati factory in Sonargaon, Narayanganj district.

Through the purchase of this new machinery, Olympic Industries wants to increase their production capacity and help improve the production of chocolate.