The agreement was signed at Sheltech's corporate office at Panthapath in Dhaka. . 

The competition, organised by Berger Paints Bangladesh Limited since 1996, has long served as a platform to recognise and nurture young artistic talents across the country.

The company has also appointed Md Mohsin Habib Chowdhury as its chief operating officer.

The multinational paint maker may use the money to fund LCs

Around a dozen local companies supplied materials such as rods, steel products and cement for the construction of the country’s first metro rail, signifying that products made in the country are achieving international standards.  

High prices of raw materials and the recent devaluation of the taka against the US currency took a toll on the profits of Berger Paints Bangladesh.

Berger Paints Bangladesh Ltd has decided to invest Tk 480 crore to establish a factory in the Bangabandhu Sheikh Mujib Shilpa Nagar.