Sany to Scale up Presence in Bangladesh to Facilitate Construction Equipment Demand and Infrastructure
31 March 2021
March 31, 2021: With the latest impetus on the ‘Infrastructure Development Fund’ fostered by Bangladesh’s government towards becoming a developed country - Sany is planning to scale up its presence in the construction equipment market with an aim to boost the country’s development.
As a globally renowned company known for its top-notch construction equipment, Sany has been playing a pivotal role in Bangladesh’s infrastructure development. Nearly 25 Sany’s tower cranes have been put to use at the construction site of the Rooppur nuclear power plant, the first nuclear power plant project in Bangladesh. Sany has set up 3 units of batching plants, which is the biggest in the country at Dhaka Airport 3rd terminal project. Sany’s state-of-the-art equipment can be prominently seen in almost all major ongoing projects in the country like Bangladesh Dhaka Metro Railway Project, Dhaka Elevated Expressway Project, BRT Road Project, Purbachal Road Project, Payra Sea Port, Cross Border Road Project, Agartala-Akhaura Rail Link, Rampal Power Plant, etc.
As the nation is gearing up to celebrate the 50th Independence Day on 26th March, Sany is aiming to solidify status as one of the key players in the country’s development. Sany which has a state-of-the-art manufacturing plant in Pune, India has been a key exporter of construction equipment to Bangladesh. With the significant rise of construction equipment demand in Bangladesh, the market experts are expecting to receive major push towards Indian government’s “Made in India” initiative.
Expressing delight at the country’s progress, Mr. Deepak Garg, Managing Director, Sany India & South Asiasaid, “Bangladesh has been one of the fastest growing nations in Asia. Speaking specifically about the future of construction industry here, I can confidently say that it’s extremely vibrant and promising. The fast-expanding skyline and ongoing construction activities is a testament to this fact. We are delighted to be a part of this growth trajectory. Moreover, we strongly believe that our success lies in the success of our client’s projects.We at Sany Indiahave been expeditiously working on strengthening our productivity &product line to usher Bangladesh into a new era of infrastructure growth and development”.
Powervision Limited is the Sole Distributor and Service Partner of Sany India in Bangladesh for a wide range of equipment varying from Excavators, Concrete, Road, Cranes, Piling and Port Equipment. It is significant to also mention that Powervisionisthe first and only company in Bangladesh to sign MoU with Mutual Trust Bank Limited for OEM equipment financing to facilitate the customers. With 25 customer touch points spread across the country, it also has the widest network of sales and service network across Bangladesh. As per the reports in 2019, the market size for infrastructure equipment was about Tk 1,500 crore and in the last two years alone, the demand for heavy-duty equipment increased by almost 200 percent.