Turkey's Koç Group reaffirms commitment to Bangladesh

Koç Holding, an investment holding company in Türkiye, has reiterated its commitment to Bangladesh following a high-profile visit by senior executives from Koç Holding, Beko, and Aygaz.

The visit, hosted by Singer Bangladesh Limited — a subsidiary of Beko, the flagship brand of Koç Group — in collaboration with United Aygaz LPG and Aygaz, highlights the strategic vision Koç Group has for Bangladesh and its dedication to enhancing business relationships within the region.

The delegation included Levent Çakıroğlu, chief executive officer of Koç Holding; Fatih Kemal Ebiçlioğlu, president of the Consumer Durables Group at Koç Holding; Yağız Eyüboğlu, president of the Energy Group; Melih Poyraz, general manager of Aygaz; and Can Dinçer, chief commercial officer for Türkiye and South Asia at Beko.

During the visit, the delegation toured the newly inaugurated Singer Bangladesh Limited home appliances plant. They also visited United Aygaz LPG, which plays a crucial role in providing access to clean and efficient energy solutions in Bangladesh.

After the plant tours, Çakıroğlu commented, "Over the past five years, we have collectively invested over $14 billion globally, driven by our commitment to sustainable growth, technological innovation, and long-term prosperity."

He continued, "Bangladesh, along with the broader South Asia region, holds significant strategic importance for us, not only as an emerging market for local manufacturing and R&D but also as a potential export hub, given its dynamic consumer durables and energy sectors."

"Our commitment to Bangladesh remains unwavering, and we will continue to drive growth, enhance our operations, and contribute to the country's industrial and economic development in the years ahead," he added.

Ebiçlioğlu remarked, "Since entering Bangladesh, our aim has not only been to expand our business but also to make a meaningful contribution to the socio-economic development of the country."

"Since 2019, we have invested $146 million in Singer Bangladesh, including our most recent $78 million investment in the factory, which has created up to 4,000 jobs, reinforcing our long-term commitment to the country," he added.

MHM Fairoz, managing director and CEO of Singer Bangladesh Limited, stated, "With customer centricity at the heart of our operations, Singer Bangladesh is transforming its business to introduce Beko's globally recognised standards to Bangladeshi consumers."

"We are now at the pinnacle of our transformation journey, a process enabled by exceptional advancements in production, retail experience, and working conditions," he added.

The delegation also included Akın Garzanlı, chief marketing officer at Beko; Fatih Özkadı, chief officer for sustainability, quality, and customer care; and Zafer Üstüner, chief commercial officer for Asia-Pacific.