Walton leads Bangladesh moving forward to next phase: BSEC chairman

BSEC Chairman remarked after visiting Walton Hi-Tech Park

Press Release

20th June, 2021 05:02:05 PM printer

Walton leads Bangladesh moving forward 
to next phase: BSEC chairman

BSEC Chairman Professor Shibli Rubayat-ul-Islam is seeing the prototype of the world's most high-efficiency inverter compressor made by Walton.

Terming Walton as a sustainable, ever-growing and green hi-tech industry, Bangladesh Securities and Exchange Commission (BSEC) Professor Shibli Rubayat-ul-Islam has noted that the hi-tech industries like Walton have been moving Bangladesh forward to the next phase of turning into a developed country.

“Bangladesh has progressed well and also moving forward to be a developed country. Considering the criteria for becoming a developed country, Bangladesh’s has to move towards the hi-tech industrialization from its traditional agriculture based industry. Visiting advanced manufacturing processes at Walton factory today, I think Walton has been playing a leading role in moving Bangladesh forward to the next phase of turning into a developed country,” the BSEC chairman came up with remarks while expressing his reaction after visiting Walton Hi-Tech Park at Chandra in Gazipur on Saturday.

Professor Shibli Rubayat-ul-Islam and his spouse Senior Lecturer (English Literature) in BRAC University reached ‘Walton Hi-Tech Park’ on Saturday morning.

Walton Hi-Tech Industries Limited’s (WHIL) Directors S.M. Ashraful Alam and S.M. Mahbubul Alam, Walton Digi-Tech Industries Limited’s Chairman S.M Rezaul Alam and Managing Director S.M. Monjural Alam, WHIL’s Managing Director Engineer Golam Murshed welcomed the BSEC chairman and his spouse presenting flower bouquets.

Then, the guests enjoyed Walton’s corporate documentary and then they visited Walton’s products’ display center as well as some manufacturing factories of Walton, including refrigerator, compressor, metal casting SMT Production, LGP and LDP, motherboard and TV manufacturing units.

On the visit, the BSEC chairman unveiled a new model of Walton’s Smart Television. Meanwhile, the BSEC chairman was impressed with the prototype of the world's most high-efficiency inverter compressor made by Walton. Walton is going to produce that huge energy saving inverter compressor very soon. As a result, customers will get the highest quality, most durable compressor in the world at an affordable price. With the launch of that project, Walton's compressor production will be doubled.

The BSEC chairman said, “Walton factory is a hi-tech green technology project . Here various components are being made using the most sophisticated technology. I witnessed that how Walton is making a complete product from raw materials. I was really overwhelmed. Looking at Walton, I realized that Bangladesh has come a long way. Walton is a self-contained beautiful company from all sides. Entrepreneurs are all honest. I don't see any obstacles in Walton's development.”

Shibli Rubaiyat-ul-Islam further said, “We were dependent on the production of agricultural products. From there, Walton is playing a leading role in the second stage of becoming a developed country where we have to go into the high tech and heavy industry. We are now exporting the products we used to import. Walton has shown us that Bangladesh can too. Everything that is possible in Bangladesh, we can show to the whole world through Walton. I would like to thank the Walton Entrepreneurs for raising the profile of the country and the nation.

At Walton factory, finished products are being made from simple copper, plastic raw materials, mentioning it he said,   

Following proper health safety rules and also maintaining social distance, WHIL’s Additional Managing Director Abul Bashar Howlader, Deputy Managing Directors Md. Humayun Kabir and Alamgir Alam Sarker, Executive Directors Col. (Retd.) S M Shahadat Alam, Uday Hakim, Tanvir Rahman, Yusuf Ali, Anisur Rahman Mallick, Md. Firoj Alam (also Chief Marketing Officer), Amin Khan, Shahjada Salim, Yeasir Al Imran, Shahjalal Hossain Limon and Rakib Uddin were also present during the visit.


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