[Music]
the People's Republic of Bangladesh with
the current population of sixteen point
four million is about two point one nine
percent of the total world population
and ranks number eight Bangladesh is the
46th largest market based economy and
thirty third largest by purchasing power
parity worldwide according to IMF
Bangladesh is one of the largest growing
economy of 2016 with a growth rate of
7.1% with sustainable economic growth we
have achieved MDG one with twenty point
five million people rising out of
poverty
the constant GDP growth of Bangladesh
has increased demand for energy
transport and urbanization electricity
is the major source of power for most
economic activities its consumption has
increased at a remarkable rate currently
seventy seven point nine percent of the
population has access to electricity
thus human needs have grown into a much
more modernized lifestyle ICT
sustainable development award from ITU
secretary-general an ASO CIO digital
government Howard was achieved by the
Honorable Prime Minister Sheikh Hasina
her vision for 2021 is to transform the
socio-economic environment of Bangladesh
from a low income economy to the first
stages of a middle-income economy with
her leadership Bangladesh is stepping
into the space age we bung upon the
satellite soon the necessity of
electronic appliances in both
residential and commercial divisions are
rising with the demand of time day by
day
people's eagerness to experience all new
technologies has increased cooking
washing refrigeration as well as our
communication behavior has changed
radically in these circumstances
globally the number one consumer
electronics brand Samsung has stepped in
to its local productions in
collaboration with fair electronics in
Bangladesh it will enhance people's
lifestyles through technology quality
and convenience fair Electronics has
taken this responsibility of introducing
progressive manufacturing Factory of
Samsung consumer electronics at
ship-borne or Shin be
the first time in Bangladesh with an
investment of hundred million USD this
business collaboration invents a journey
beyond excellence with a huge
opportunity for Bangladesh about 750,000
square feet area with all machines
imported from Samsung South Korea the
commercial production target is settled
in the mid of 2018 expectantly the
production capacity per annum of
refrigerator is 400,000 units microwave
oven 250,000 units TVs 200,000 units and
washing machine 50,000 units and the
estimated electricity requirements is
six megawatts starting with the
production of Samsung refrigerators the
production will expand gradually with
the employment generation of more than
3000 manpower saving of foreign currency
outflow and employment opportunity in
backward linkage industries it is the
biggest technology transfer and future
potential on export opportunities
worldwide this journey wasn't built in a
day
the true dreamer of fair electronics one
of the pioneers of electronics industry
in Bangladesh mr. rural Alabama haboob
chairman of fair group with other
experts were engaged to step ahead the
challenges and overcome the difficulties
successfully a dedicated and
enthusiastic workforce developed all
initiatives brilliantly with a clear
vision to do better than the best in
only seven months fair Electronics
started assembling Samsung refrigerators
air conditioners and inaugurated 60
brand shops nationwide which is
certainly a phenomenal example for
consumer electronics industry in
Bangladesh both Samsung and fair
Electronics are working ceaselessly for
better customer service with the world's
best electronic technology
besides 169 sis has already been
established since inception Samsung
brand shop ensures all Samsung products
on a single platform with the best
shopping experience to customers the
real-time installation convenience in
delivery facility and dedicated call
centers Meade
NEADS of customer demands and
satisfaction prayer electronics with
Samsung through the factory has
instigated a new era and expanded the
horizons to more opportunities this
exemplary action inspires other global
brands to invest in Bangladesh this
joint effort advances sustainable
consumer development and inclusive
affluence as well internationally
Bangladesh is already treated as a role
model for progression and fair
Electronics will enrich the consumer
electronics market towards a bigger
space for an emerging Bangladesh through
technology transfer of global tech giant
Samsung Electronics welcome to the
groundbreaking ceremony of Samsung
Electronics Factory