Akij Group is one of the largest
Bangladeshi industrial
conglomerates. The industries under this conglomerate include textiles, tobacco, food & beverage, cement, ceramics, printing and packaging, pharmaceuticals, consumer products etc. In 2009, Akij Group paid 390 million euros in tax, making it the biggest local tax-payer, contributing two per cent to this nation's entire budget. Akij also provides services in healthcare, information and communication technology. Its turnover in 2009 was 89 billion
Taka.
[ In 2018, Akij sold their tobacco division to JTI for a sum of $1.47 billion. It was the biggest ever single foreign direct investment in Bangladesh.
]
History
Akij Group was established in the 1940s by industrialist Sheikh Akijuddin
Sheikh Akij Uddin (1929 – 10 October 2006) was a leading Bangladeshi entrepreneur and the founding chairman of Bangladeshi conglomerate Akij Group.
Early life
Akij Uddin was born on 1929 in Madhyadanga, Phultala, Khulna, East Bengal, British R ...
as a jute
Jute is a long, soft, shiny bast fiber that can be spun into coarse, strong threads. It is produced from flowering plants in the genus ''Corchorus'', which is in the mallow family Malvaceae. The primary source of the fiber is ''Corchorus olit ...
trading business, before moving into cigarettes and other areas of business.
Sister projects
In August 2018, Japan Tobacco acquires Akij's tobacco business for US$1.5 billion.
* Akij Bakers Limited.
* Akij Plastics Limited.
* Akij Cables limited.
* Abrar Tours and Travels
* Ad-din Foundation
* Akij Automotive Industry
* Akij Biri Factory Ltd.
* Akij Cement Company Ltd.
* Akij Ceramics Company Ltd.
* Akij Computer Ltd.
* Akij Corporation Limited
* Akij Food & Beverage Ltd.
* Akij Foundation School & College
* Akij Gas Company Ltd.
* Akij Gas Station Ltd.
* Akij Hotel and Resorts
* Akij Institute of Technology
* Akij Jute Mills Ltd.
* Akij Match Factory Ltd.
* Akij Motors
* Akij Particle Board Mills Ltd.
References
External links
*
Job Links
Manufacturing companies based in Dhaka
Pharmaceutical companies of Bangladesh
Conglomerate companies of Bangladesh
Manufacturing companies established in 1940
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