Market Digest

Helal Uddin new independent director of Summit Alliance

Business Desk

6 March, 2019 12:00 AM printer

Helal Uddin new independent director of Summit Alliance

Summit Alliance Port Limited (SAPL), a publicly listed company, has appointed Helal Uddin Ahmed as Independent Director with effect from 29th January, 2019.

He is also the Director of Summit Power Limited and Savar Refractories Limited, said a press release.

He completed his Masters from Dhaka University. He is the founder member of Jatiya Kabi Kazi Nazrul Islam University at Trishal in Mymensingh.

 SAPL is the leading off-dock in the country’s private sector with around 22 percent shares in handling of containerised exports and 12 percent of the import volume.

Besides, SAPL has also established the first ever river terminal facility in Bangladesh’s private sector providing off-dock services and economical cargo transportation, easing the pressure on the already overburdened Dhaka-Chattogram highway.

Subsidiary of SAPL have taken over the management of three river terminals in Kolkata and Patna as first Bangladeshi company as well as the first PPP with Inland Waterways Authority of India (IWAI).