Kiam Glassware Industries is set to establish a glassware manufacturing facility at Bangabandhu Sheikh Mujib Shilpa Nagar, Bangladesh.
The first unit of the factory is scheduled to begin production in February 2025.
Half of the construction of the first phase on 20 acres of land to set up the factory is complete," Mr Mizber Rahman, managing director of Kiam Glassware, said.
The factory will produce glassware products, including plates, glasses, jugs, cups, and bowls, and generate employment for approximately 2,500-3,000 people.
The project is planned to be completed in two phases. The first phase involves the construction of a soda-lime glass manufacturing factory that will produce 70 tonnes of glassware products daily, with an investment of Tk500-600 crore.
In the second phase, a packaging industry will be developed on an additional 10 acres, along with a new manufacturing unit capable of producing 50 tonnes of opal glass per day.
The completion of the second phase will depend on product demand, with the company aiming to finalise it within the next year.
"We aim to export glassware products in addition to selling them domestically," Rahman said.
Approximately 70% of the machinery required for glassware production has already been imported.
Nasir Group and Olila Glass Ind Ltd are currently the main manufacturers of glass tableware products in Bangladesh.
To ensure a skilled workforce, Kiam Glassware Industries plans to bring in skilled trainers from abroad to train local workers for five to six months.