Pran-RFL Group, one of the nation’s biggest mechanical aggregates. Meanwhile, investing Tk154 crore in the import of personal protective equipment (PPE), clinical gadgets, and toys.
To this end, the group’s subsidiary company Banga Plastic International, Wednesday, inked an arrangement with the Bangladesh Export Processing Zones Authority (Bepza) at Adamjee Export Processing Zone.
Moreover, under the venture, they will produce 850 tons of PPE. For instance, surgical face masks, KN95 masks, N95 masks, surgical gloves, shoe covers, mop caps. In addition, medical gowns, sanitary napkins, diapers, and hand sanitizer is in the list.
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In the same vein, Pran-RFL will produce 4,857 tonnes of toys per year. For example, baby toys, rider toys, slipper toys, sports toys, educational toys, building toys. Besides, alphabet toys, soft and hard animal toys, and so on.
“Production could begin within a year, and products worth about Tk20 crore medical equipment and 10 crore toy could be exported monthly. Moreover, these products are made for the local market in our existing factory. At present, we are selling PPE worth Tk30 crore and toys worth Tk10 crore monthly. Once the new factory comes into operation, there will be some additions here deemed as exports.”
– Rathendra Nath Paul
(Chairman of Banga Plastic & Managing director of Pran-RFL Group)
Generally speaking, the interest for such merchandise is probably going to keep on rising however long the pandemic proceeds. At present, the market estimation of PPE items has just arrived at two or three billion dollars. Notably, it occurred in pretty much a half year since the pandemic started.
During this period, Bangladesh has become a leader in providing PPE items worldwide as clothing producers keep on accepting a lot of work orders globally.
Not to mention, It will be the second giant brand in the country to manufacture medical equipment. According to Pran-RFL sources, the project will create 1,900 jobs too.