Berger Paints ups investment for new Mirsarai factory

Business Desk:

Berger Paints Bangladesh Limited has announced a major expansion of its investment plan for a new state-of-the-art factory at the National Special Economic Zone (NSEZ) in Mirsarai, Chattogram. The company will now invest Tk 980 crore, up from the previously declared Tk 813 crore, according to a disclosure on the Dhaka Stock Exchange (DSE) website sunday.

The increased investment reflects significant design upgrades aimed at enhancing production capacity, energy efficiency, and automation. The company said the revised plan includes the introduction of a modern manufacturing execution system (MES) and advanced instrumentation to optimise operations and ensure higher product consistency. Additionally, rising global and domestic construction material costs, driven by inflation and supply chain disruptions, have contributed to the higher project expenditure. In view of the revised design and construction requirements, Berger’s board has also approved an updated timeline for the commencement of commercial production, setting a new target date of April 1, 2027. The company noted that the extension will allow additional time for implementing automation systems and ensuring compliance with international environmental and safety standards. The upcoming facility at Mirsarai will be one of Berger’s largest and most technologically advanced plants in Bangladesh. It will include a water-based paint production unit, modern warehouses, testing laboratories, and logistics infrastructure to streamline supply across the country.