Business Report :
A Memorandum of Understanding (MoU) was signed between the Construction Materials Division of Anwar Group of Industries, and Bay Developments Limited. The agreement was signed on Tuesday at the corporate headquarters of Bay Developments Limited in the capital.
As part of this strategic partnership, Anwar Group of Industries will supply premium-quality construction materials tailored to the rigorous standards of Bay Developments Limited.
With Bay’s commitment to setting benchmarks in luxury and modern living through its premium residential projects, Anwar Group-renowned for its consistency in product quality, innovation, and service excellence-is the ideal partner to help uphold those standards.
This collaboration reflects a shared vision for sustainable, high-quality development, ensuring that every Bay property is built to last, says a press release.
Deputy Managing Director of Anwar Group Waeez R Hossain and Chief Operating Officer of Bay Developments Limited, Mohammad Mustafa Hasan, signed the agreement on behalf of their respective organisations.
Also present at the event were Bay Developments Limited’s Vice President G.M. Shifatur Rahman, Assistant Vice President A.N.M. Tauhiduzzaman, and from Anwar Group’s side, Head of Corporate Sales for the Construction Materials Division Dibakar Biswas, Head of Marketing Md. Fahim Hossain, along with other high-ranking officials of both companies.