Confidence Group

Confidence Group of Companies Limited (also referred to as Confidence Group) is a Bangladeshi company, involved in manufacturing mid-tech manufacturing engineering products.[1] The conglomerate commenced its operation in 1991 with cement manufacture, and is involved with power generation and the manufacture of Spun Pre-stressed Concrete (SPC) poles.[2] As of 2017, the conglomerate claims to consist of 8 operational business entities.[3]

Confidence Group
TypePrivate (except Cement)
IndustryConstruction, Manufacturing Engineering
Founded1991 (1991)
Headquarters,
Bangladesh
RevenueUS$ 100 million
BDT 7.5 billion
In fiscal year 2010-2011
Websiteconfidencegroup.com.bd

Joint venture with Asian Paints

In 2002 Confidence Group established a partnership with Asian Paints Ltd to form Asian Paints Bangladesh Limited (APBL).[4]

References

  1. "Local cement companies thriving over multinationals". Dhaka Tribune (Business). Kazi Anis Ahmed. 2A Media Limited. 11 November 2018. Retrieved 13 November 2018.
  2. Nessa, Jebun (2016). "Employee satisfaction and its relationship with employee turnover rate at Confidence Group".
  3. "Construction solution provider Axis begins operation". Dhaka Tribune. November 19, 2017. Retrieved November 27, 2017.
  4. "APBL". Archived from the original on 2012-06-15. Retrieved 2012-07-08. The official website of Asian Paints International.
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