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BSRM to Invest Tk400 Crore in Fastener Plant
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2025-11-11
BSRM Group, Bangladesh’s steelmaker, has announced a Tk400 crore investment to build a state-of-the-art fastener manufacturing plant under BSRM Wires Limited at Mirsharai in Chattogram. The plant will produce high-quality bolts and nuts, reducing reliance on imports. Investment comes from both BSRM Limited and BSRM Steel, each contributing Tk200 crore. Construction will take over a year, creating at least 200 new jobs. This strategic move enhances BSRM’s position in the steel value chain, aiming to support large infrastructure, shipbuilding, and energy projects while strengthening Bangladesh’s regional market competitiveness.
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