Confidence Infrastructure in Tk 32cr deal

Confidence Infrastructure and China's Hong Xiang New Geo-Material Company have signed a Tk 32 crore agreement with Bangladesh Water Development Board to implement a project on protecting parts of the Jamuna river's banks from erosion. 

The Asian Development Bank-financed project involves placing 50.38 lakh geotextile bags at Sirajganj's Chauhali upazila by November next year to protect a part of Tangail.

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Geotextiles are a permeable, synthetic and non-woven fabric filled on location with sand and utilised. Confidence Infrastructure has set up a manufacturing plant at Narayanganj capable of producing more than 10 lakh bags a month.

Salman Karim, managing director of Confidence Infrastructure, and Ruhul Amin, the project director, inked the deal at Pani Bhaban in Dhaka recently, said a press release.

Fazlur Rashid, director general of Bangladesh Water Development Board, and Zia Uddin Begh, Mahbubur Rahman, and Mohammad Mizanur Rahman, additional director generals, were present.