Saturday, 12 Apr, 2025
  Dhaka
Saturday, 12 Apr, 2025
The Daily Post
Contribution to significant and impactful investments in Bangladesh

Walton wins excellence in Investment Award 2025

Staff Reporter

Walton wins excellence in Investment Award 2025
Chief Adviser Professor Dr. Muhammad Yunus and BIDA’s Executive Chairman Ashik Chowdhury hand over the ‍‍`Excellence in Investment Award 2025‍‍` to Walton Hi-Tech Industries PLC‍‍`s Managing Director S M Mahbubul Alam.

Bangladesh‍‍`s super brand and tech giant Walton has been honoured with the ‍‍`Excellence in Investment Award 2025‍‍` for its contribution to significant and impactful investments within the economy of Bangladesh.

Bangladesh Development Authority (BIDA) awarded Walton this prestigious recognition under the ESG (Environmental, Social and Governance) category.

Chief Adviser Professor Dr. Muhammad Yunus handed over the award to Walton Hi-Tech Industries PLC‍‍`s Managing Director S M Mahbubul Alam at the ‍‍`Bangladesh Investment Summit 2025‍‍` held at Intercontinental Hotel in the capital on today morning.

BIDA‍‍`a Executive Chairman Ashik Chowdhury and Chief Adviser‍‍`s Special Envoy on International Affairs Lutfey Siddiqi were also present on the occasion.

In response to receiving the award, Walton Hi-Tech‍‍`s Managing Director S M Mahbubul Alam said, "Walton is committed to fostering sustainable growth, creating employment opportunities, and driving innovation. Thus, Walton has made huge investments in the electronics and high-tech industries in the country, which have created employment for around a hundred thousand people. Walton has been achieving new milestones in the production and export of import-substitute products. In recognition of these initiatives, Walton was awarded the ‍‍`Excellence in Investment Award 2025‍‍` at the ‍‍`Bangladesh Investment Summit 2025‍‍`. Thanks to the Bangladesh Investment Development Authority for giving Walton this prestigious award."

He also said, "Walton is always working on technological upgradation according to the needs of customers. Therefore, more investment is being made in the new automation technologies of the fourth industrial revolution. Walton has focused on creating its strong footprint in the local and global markets. In addition, Walton has been making significant investments in research and innovation to produce innovative products with new technologies and features. As a part of our commitment to environmental protection, eco-friendly technologies are being incorporated into production processes and products. Our efforts to produce innovative products will continue."

The Walton Hi-Tech managing director also noted that Walton is strongly committed to the government‍‍`s vision of building a green and carbon-free Bangladesh. In line with this commitment, a 6.5 MW rooftop solar project has already been installed at Walton Headquarters in Gazipur, and another 13.5 MW project is now under implementation. At present, Walton has sufficient capacity to install a total of 50 MW solar power projects in its industrial facilities, through which it will be possible to significantly reduce dependence on conventional energy, reduce carbon emissions, and contribute to achieving the national renewable energy target.

To attract more domestic and foreign investment to Bangladesh, BIDA has awarded the ‍‍`Excellence in Investment Award 2025‍‍` to successful investors who have made special contributions to the investment sector in the last fiscal years 2021-22, 2022-23, and 2023-24 and have strengthened the economy of Bangladesh through investment.

 

- Press Release