Beko Reaffirms Commitment to Investment and Growth in Bangladesh
Turkish investment group Koç Holding and global home appliance brand Beko have reaffirmed their commitment to expanding their businesses and increasing production capacity in Bangladesh. Senior officials from the two companies recently visited Bangladesh and toured Singer Bangladesh’s manufacturing plant, concept store and corporate office.
The information was disclosed in a press release issued on October 19. The visiting delegation included Polat Şen, president of Koç Holding’s Consumer Durables Group; Zafar Üstüner, chief commercial officer for Beko in Asia, Russia and South Africa and chief executive officer (CEO) of Arçelik Hitachi; and Nihat Bayiz, Beko’s chief production and technology officer.
During the visit, Singer Bangladesh Managing Director and CEO MHM Fairoz highlighted the company’s business operations and the importance of its investment in Bangladesh. Singer Bangladesh is currently working to expand its production capacity and business operations while improving the working environment for its employees. Its key initiatives include establishing a modern manufacturing plant and concept store and relocating to an employee-friendly corporate office that meets Beko’s international workplace standards.
According to the company, these initiatives aim to increase production capacity, improve the consumer experience and provide better working conditions for employees by drawing on the global experience and specialised expertise of Koç Group and Beko. Through continued investment, Singer Bangladesh is also working to meet the changing needs of the country’s market and consumers.
The press release added that Koç Group’s investment is helping strengthen the longstanding economic ties between Bangladesh and Türkiye. Bilateral trade between the two countries reached approximately $1.36 billion in 2025. Both countries are working to expand economic cooperation and create new opportunities for trade and investment, with the aim of increasing bilateral trade to $2 billion.
