Korean Machinery in Bangladesh: Trade Growth, Industrial Adoption, and Technical Insights
<meta charset="utf-8"><p><br></p><p><br></p><p class="MsoNormal" style="margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"> <span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""> </span></p> <div class="MsoNormal" align="center" style="text-align: center; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family: "Times New Roman",serif;mso-fareast-font-family:"Times New Roman""> <hr size="2" width="100%" align="center"> </span></div> <p class="MsoNormal" style="margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><strong style="mso-bidi-font-weight:normal"><span style="font-size:18.0pt; font-family:"Times New Roman",serif;mso-fareast-font-family:"Times New Roman"">K</span></strong><b><span style="font-size:23.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">o</span></b><b><span style="font-size:23.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:fuchsia">r</span></b><b><span style="font-size:23.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:lime">e</span></b><b><span style="font-size:23.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:blue">a</span></b><b><span style="font-size:23.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:yellow">n</span></b><strong><span style="font-size:23.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black"> Machinery in Bangladesh: Trade Growth, Industrial Adoption, and Technical </span></strong></p><p class="MsoNormal" style="margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><strong><span style="font-size:23.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black">Insights</span></strong></p> <div class="MsoNormal" align="center" style="text-align: center; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family: "Times New Roman",serif;mso-fareast-font-family:"Times New Roman""> <hr size="2" width="100%" align="center"> </span></div> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Bangladesh’s industrial development has increasingly intertwined with South Korean machinery and technology. From heavy manufacturing equipment to hi-tech assembly lines, Korean machinery is making its mark across Bangladesh’s key sectors. This article provides a comprehensive overview – including up-to-date trade figures, sector-specific applications, company examples, and technical comparisons. We also suggest visual elements like charts and tables to enhance understanding.</span></p> <p class="MsoNormal" style="margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-size:14.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:blue">Trade Overview: Bangladesh–Korea Machinery Trade</span></b></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">Rising Trade Volumes:</span></u></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black"> Bilateral trade between Bangladesh and South Korea reached a historic high of <b>$3.035 billion in 2022</b>, a 38.7% jump from 2021</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.thefinancetoday.net/article/business/20923/Bangladesh-S-Korea-bilateral-trade-reach-record-high-crossing-%243-billion-in-2022#:~:text=another%20record%20high%20in%202022,exceeding%203%20billion%20US%20dollars"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[1]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. Within this, <b>machinery is a major component</b> of South Korea’s exports to Bangladesh</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.tbsnews.net/economy/export-south-korea-doubles-decade-351100#:~:text=Major%20export%20items%20of%20Korea,petrochemical%20products%2C%20steel%20and%20pesticides"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[2]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. In fact, machinery imports from Korea <b>more than doubled in 2021</b> to about <b>$297 million (up 107%)</b>, reflecting Bangladesh’s expanding manufacturing capacity</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.tbsnews.net/economy/export-south-korea-doubles-decade-351100#:~:text=Major%20export%20items%20of%20Korea,petrochemical%20products%2C%20steel%20and%20pesticides"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[2]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. <i>(Figure: A bar chart could illustrate this surge in machinery imports from Korea, e.g. rising from ~$144m to $297m in 2021.)</i></span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">Recent Slowdown:</span></u></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black"> However, <b>2022 saw a slight dip in machinery imports</b> from Korea. Bangladesh imposed import restrictions amid foreign reserve pressures, which meant that non-essential imports like machinery were curtailed</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.thefinancetoday.net/article/business/20923/Bangladesh-S-Korea-bilateral-trade-reach-record-high-crossing-%243-billion-in-2022#:~:text=by%20450,USD%20121%20million"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[3]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. <b>Korean diesel exports</b> dominated that year (after a 703% rise), while categories like machinery, petrochemicals, steel, and others <b>actually decreased in 2022</b></span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.thefinancetoday.net/article/business/20923/Bangladesh-S-Korea-bilateral-trade-reach-record-high-crossing-%243-billion-in-2022#:~:text=However%2C%20the%20increase%20of%20Korea%E2%80%99s,2021%20to%20USD%20121%20million"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[4]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. Despite this, overall trade still rose due to the spike in fuel imports.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">Comparison with Other Partners:</span></u></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black"> To put Korea’s role in perspective, <b>China remains the dominant source of machinery</b> for Bangladesh – in 2023 China supplied over <b>$4.17 billion</b> worth of machinery to Bangladesh</span><span style="font-size:12.0pt; font-family:"Times New Roman",serif;mso-fareast-font-family:"Times New Roman""><a href="https://www.dhl.com/discover/en-bd/e-commerce-advice/shipping-guides-by-country/how-to-import-machinery-from-china#:~:text=Image%3A%20import%20heavy%20machinery%20from,china"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[5]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. By contrast, South Korea’s machinery exports (in the few-hundred-million range) form a <b>smaller but significant share</b>. Korea typically supplies more specialized or high-tech equipment (for example in electronics and automotive manufacturing</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.connecta-network.com/bangladeshs-main-import-essential-insights-into-machinery/#:~:text=,for%20electronics%20and%20automotive%20manufacturing"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[6]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">), whereas China covers a broad range of cost-effective machinery for textiles, agriculture, etc. <i>(Figure: A pie chart could show China as ~60%+ of Bangladesh’s machinery imports, with Japan, Germany, India, and South Korea making up most of the remainder</i></span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.connecta-network.com/bangladeshs-main-import-essential-insights-into-machinery/#:~:text=,for%20electronics%20and%20automotive%20manufacturing"><i><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[6]</span></i> </a> </span><i><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. South Korea’s slice might be modest, but growing.)</span></i></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">Policy Environment:</span></u></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black"> Bangladesh encourages industrial upgrades by allowing <b>duty-free import of capital machinery</b> for export-oriented industries and in Special Economic Zones (EPZ). This policy has benefited the inflow of quality machinery from countries like South Korea. As Bangladesh approaches middle-income status and <b>negotiates an Economic Partnership Agreement (EPA)</b> with Korea</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=neither%20seeks%20short,ment%20in%20mutually%20beneficial%20ways"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[7]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">, <b>trade in machinery</b> (along with technology transfer) is expected to further expand. Both governments see machinery and tech cooperation as key to future partnership in the post-2026 era (when Bangladesh graduates from LDC status)</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=focus%20on%20timely%20completion"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[8]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-size:14.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:blue">Sector-Specific Applications of Korean Machinery in Bangladesh</span></b></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">South Korean machinery is finding applications in a <b>wide array of Bangladeshi industries</b>. Below we break down major sectors and examples of how Korean equipment or expertise is being utilized:</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-size:13.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black">Ready-Made Garments (RMG) and Textiles</span></b></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">Bangladesh’s garments and textile industry</span></u></b><span style="font-size:12.0pt; font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:red"> –</span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> the country’s economic backbone – owes some of its origins to <b>Korean partnership</b>. A landmark 1979 collaboration between Bangladeshi firm <b>Desh Garments</b> and <b>Daewoo Corporation</b> of South Korea is often credited with <b>kick-starting the RMG sector</b> by transferring technical know-how and machinery expertise</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=Substantial%20relations%20between%20Korea%20and,of%20the%20country%27s%20exports"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[9]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. Korean companies trained Bangladeshi managers and introduced modern garment factory machinery at a time when local capability was low. This helped “plant the seed” of what would become Bangladesh’s largest export industry</span><span style="font-size:12.0pt; font-family:"Times New Roman",serif;mso-fareast-font-family:"Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=Substantial%20relations%20between%20Korea%20and,of%20the%20country%27s%20exports"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[9]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Today, <b>Korean textile machinery and technology</b> continue to play a role, albeit more behind the scenes. Many <b>Korean-invested companies</b> operate in Bangladesh’s garment sector – for instance, the <b>Korea Export Processing Zone (KEPZ)</b> in Chattogram is run by </span><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:#274E13">Youngone Corporation</span></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black"> (a Korean firm) and houses textile and apparel factories. These factories often utilize <b>Korean sewing, knitting, and dyeing machines</b>, or at least Korean maintenance standards, to achieve higher efficiency and product quality.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Moreover, <b>auxiliary textile industries</b> are benefiting from Korean machinery. A notable example is </span><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:#274E13">DS Korea (BD) Ltd</span></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black">, a Bangladesh-based subsidiary of Korea’s Daesung Group that manufactures textile <b>dyeing and printing chemicals</b>. Its Chattogram factory runs entirely on <b>brand-new Korean-made machinery</b> and is managed by experienced Korean engineers</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://dskoreabd.com/about/#:~:text=is%20facilitated%20with%20easier%20communication,always%20avoid%20any%20unauthorized%20supplier"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[10]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. By using 100% Korean equipment, the company ensures “Korean standard” quality in its chemical products for local textile mills</span><span style="font-size:12.0pt; font-family:"Times New Roman",serif;mso-fareast-font-family:"Times New Roman""><a href="https://dskoreabd.com/about/#:~:text=being%20operated%20and%20maintained%20by,always%20avoid%20any%20unauthorized%20supplier"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[11]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""> </span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">Electronics and Home Appliances- </span></u></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black">Perhaps the most high-profile success of Korean machinery in Bangladesh is in <b>consumer electronics manufacturing</b>. In the last decade, Bangladesh has started locally producing everything from smartphones to refrigerators, thanks to partnerships with Korean giants:</span></p> <ul style="margin-top: 0cm; margin-bottom: 0cm;" type="disc"> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial; color:#9900FF">Samsung Electronics Assembly:</span></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial"> In 2018, <b>Fair Electronics</b> (a local firm under Fair Group) set up a state-of-the-art factory in Narsingdi to assemble Samsung products. With extensive <b>technical support from Samsung Korea</b>, Fair Electronics’ engineers now manufacture Samsung Galaxy smartphones (including flagship models like the Z Fold 3 5G) for the local market</span><span style="font-family:"Arial",sans-serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=Take%20for%20the%20latest%20Galaxy,local%20assembly%20partner%20of%20Samsung"><span style="font-family:"Comic Sans MS";color:#1155CC">[12]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial">. <b>Korean automated assembly lines</b> and quality control systems were installed, and Samsung’s own engineers were on-site to train Bangladeshi staff. According to Fair’s Chief Marketing Officer, the <b>Korean partnership was crucial in building this hi-tech plant</b>, and Bangladeshi youth are <i>“getting skilled by working with the Korean engineers at the production lines”</i></span><span style="font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=,Electronics%2C%20told%20The%20Business%20Standard"><span style="font-family:"Comic Sans MS";color:#1155CC">[13]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial">. This factory supplies nearly <b>100% of Samsung phones</b> in Bangladesh, as well as ~90% of Samsung-brand refrigerators, TVs, ACs, and washing machines sold locally</span><span style="font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=Fair%20Electronics%20began%20production%20in,most%20of%20them%20are%20Bangladeshis"><span style="font-family:"Comic Sans MS";color:#1155CC">[14]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial"> – an astounding localization enabled by Korean machinery and know-how.</span></li> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial; color:#9900FF">LG and Other Electronics:</span></b><span style="font-family: "Comic Sans MS";mso-fareast-font-family:"Times New Roman";mso-bidi-font-family: Arial"> Following Samsung’s lead, other Korean brands have moved production to Bangladesh or supplied machinery. <b>LG Electronics</b> has partnered with local firms (e.g. LG Butterfly) to assemble TVs and appliances, likely using <b>imported Korean manufacturing equipment</b>. Additionally, <b>Walton</b>, Bangladesh’s own electronics giant, has sourced various machinery and components from Korea (for example, precision molds or compressor technology) to improve its product lines. The presence of Korean <b>automation robots, SMT machines</b> (for circuit boards), and testing equipment in Bangladesh’s electronics plants has elevated the sector’s capabilities.</span></li> </ul> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><i><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Visual idea:</span></i><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> A photo (or illustration) of a Bangladeshi worker on a smartphone assembly line with Korean supervisors would illustrate this tech transfer. A <b>chart</b> could also show the <b>increase in locally assembled electronics</b> after 2018, correlating with Samsung’s factory opening (from near zero to dominating certain product segments).</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">Automobiles and Transport Machinery- </span></u></b><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black">Automotive manufacturing</span></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black"> in Bangladesh has been nascent, but that is changing with help from Korea. In 2023, </span><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:#274E13">Hyundai Motors</span></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black"> opened the first-ever car assembly plant in Bangladesh (at the Bangabandhu Hi-Tech Park in Kaliakoir) in partnership with local distributor <b>Fair Technology</b></span><b><span style="font-size:13.5pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=increase%20in%20investment%20in%20automobiles%2C,Image"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:black;font-weight: normal">[15]</span></a></span></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black">. This facility is assembling Hyundai passenger vehicles from Complete Knock-Down (CKD) kits. Crucially, the factory was established with <b>Korean machinery, robotics, and process expertise</b> to meet Hyundai’s global standards.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Speakers at the inauguration hailed it as a <i>“game changer”</i> for the industry</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.dhakatribune.com/bangladesh/303126/hyundai-cars-made-in-bangladesh-first#:~:text=At%20the%20formal%20opening%20of,the%20country%20and%20South%20Korea"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[16]</span></a> <a href="https://www.dhakatribune.com/bangladesh/303126/hyundai-cars-made-in-bangladesh-first#:~:text=South%20Korean%20Ambassador%20Lee%20said,development%20of%20automobiles%20in%20Bangladesh"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[17]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. The South Korean Ambassador noted that Fair bringing in Hyundai will contribute to <b>technology transfer and industrial development</b> of automobiles in Bangladesh</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.dhakatribune.com/bangladesh/303126/hyundai-cars-made-in-bangladesh-first#:~:text=South%20Korean%20Ambassador%20Lee%20said,development%20of%20automobiles%20in%20Bangladesh"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[17]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. Bangladeshi workers are being trained on <b>Korean assembly line equipment</b> for tasks like welding, painting, and quality inspection of vehicles. As a result, <b>brand-new Hyundai models (like the Creta SUV)</b> are now “Made in Bangladesh” with a significant portion of the value addition happening locally.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Beyond cars, <b>Korean heavy vehicles and material-handling machinery</b> are also present. Hyundai’s commercial vehicles (buses, trucks) and <b>Doosan Infracore</b>’s construction equipment have local dealerships and service centers. For example, Bangladeshi company <b>Maxon Power Ltd</b> represents <b>Hyundai–Doosan’s “Develon”</b> brand of construction equipment in Bangladesh, providing Korean excavators, wheel loaders, etc., to infrastructure projects</span><span style="font-size: 12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family:"Times New Roman""><a href="https://maxonpowerltd.com/construction-equipment.php#:~:text=Construction%20%26%20Material%20Handling%20Equipment,As"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[18]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. These Korean machines – known for durability and advanced hydraulics – are used in major builds like Padma Bridge approaches and metro rail construction, complementing Japanese or Chinese equipment on site.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">Agriculture and Food Processing-</span></u></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black">Agriculture employs the majority of Bangladesh’s workforce, and mechanizing this sector is vital. Here, South Korean farm machinery has found a niche, especially in <b>harvesting and processing</b> equipment</span><span style="font-size:14.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:#434343">:</span></p> <ul style="margin-top: 0cm; margin-bottom: 0cm;" type="disc"> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial; color:#9900FF">Combine Harvesters:</span></b><span style="font-family: "Comic Sans MS";mso-fareast-font-family:"Times New Roman";mso-bidi-font-family: Arial"> In the 2010s, local firms like <b>ACI Motors</b> and <b>The Metal (Pvt.) Ltd</b> began importing Korean-made combines to help farmers efficiently harvest rice and wheat. <b>The Metal</b>, one of Bangladesh’s largest agro-machinery companies, sources some <b>rice transplanters and combine harvesters from South Korea</b> (as well as China)</span><span style="font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman""><a href="https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf#:~:text=China%2C%20Korea%20and%20India,Potato%20Planter%2C%20Potato%20harvester"><span style="font-family:"Comic Sans MS";color:#1155CC">[19]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial">. These Korean combines (e.g. by <b>Daedong/Kioti</b> or <b>Tongyang Moolsan</b>) are prized for being suitably compact for Bangladesh’s small fields yet reliable. Over the last five years, The Metal sold dozens of Korean combines under government subsidy programs</span><span style="font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman""><a href="https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf#:~:text=%28by%20cost%20sharing%20basis%29,DAE%20under%20government%20subsidy%20programme"><span style="font-family:"Comic Sans MS";color:#1155CC">[20]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial">, boosting crop yields and reducing labor needs.</span></li> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial; color:#9900FF">Tractors and Equipment:</span></b><span style="font-family: "Comic Sans MS";mso-fareast-font-family:"Times New Roman";mso-bidi-font-family: Arial"> While most tractors in Bangladesh come from India or China, Korea’s <b>LS Mtron</b> and <b>Daedong</b> have supplied a number of small tractors and power tillers via distributors. Additionally, <b>Korean irrigation pumps and greenhouse technologies</b> have been demonstrated in Bangladeshi agriculture, often through KOICA (Korea’s aid agency) pilot projects.</span></li> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial; color:#9900FF">Food Processing:</span></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial"> As Bangladesh’s food industry modernizes, <b>Korean packaging and processing machines</b> are being adopted. For instance, certain <b>dairy and beverage factories</b> have installed Korean <b>automated filling lines and sterilizers</b>. The precision of these machines helps meet sanitary standards for exportable food products. Another example: a large Bangladeshi bakery commissioned a <b>Korean robotic baking line</b> to increase production of packaged cakes (hypothetical scenario illustrating the trend).</span></li> </ul> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">Medical and Pharmaceuticals-</span></u></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black"> In high-precision sectors like medical devices and pharma, <b>Korean machinery’s reputation for quality</b> gives it an edge. A standout case is <b>Gumti Needle Lab</b>, a cutting-edge medical equipment factory in Gazipur. This facility produces safety lock syringes and blood collection tubes, and <b>all 300 machines in the factory are fully automated units imported from South Korea</b></span><b><span style="font-size:13.5pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.dhakatribune.com/magazine/weekend-tribune/128523/need-in-needle#:~:text=includes%20a%20Clean%20Room%20of,and%20imported%20from%20South%20Korea"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:black">[21]</span></a></span></b> <span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. The result is a level of precision and sterility that meets international healthcare standards – something that cheaper machines might struggle with. According to the founder, these <b>Korean machines can produce “millions” of needles per day</b>, enabling cost-effective mass production of critical medical supplies</span><b><span style="font-size:13.5pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.dhakatribune.com/magazine/weekend-tribune/128523/need-in-needle#:~:text=,addressing%20through%20this%20initiative"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:black;font-weight: normal">[22]</span></a></span></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black">. By choosing Korean automation, Gumti ensured product quality (e.g. exact needle tip sharpness, hygienic packaging) that helps them compete with imported medical goods.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Bangladesh’s burgeoning <b>pharmaceutical industry</b> (which supplies 98% of the domestic medicine demand) also relies on sophisticated imported machinery. While much of the pharma equipment comes from Europe, <b>South Korean machines – such as tablet pressers, capsule filling machines, and packaging lines – are in use</b> at several pharma plants for their blend of reliability and relatively lower cost. For example, a leading pharma company installed a <b>Korean blister packaging machine</b> to improve its output of antibiotic tablets (hypothetical illustration). The <b>accuracy and uptime</b> of the Korean machine improved their efficiency versus an older Indian unit it replaced.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">In hospitals too, <b>Korean medical tech</b> has a presence: from <b>diagnostic equipment</b> (e.g. <b>Samsung Medison</b> ultrasound machines are used in clinics) to hospital infrastructure (some advanced hospital beds and sterilizers are Korean-made).</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""> </span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:red">Other Industries and Future Prospects-</span></u></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:black"> Beyond the sectors above, Korean machinery is making inroads or has potential in areas like:</span></p> <ul style="margin-top: 0cm; margin-bottom: 0cm;" type="disc"> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial; color:#9900FF">Infrastructure & Construction:</span></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial"> South Korean contractors and funds are involved in infrastructure projects, often bringing equipment. For instance, on a recent Intelligent Traffic System installation on a highway <b>Korean contractors deployed Korean-made monitoring equipment and cameras</b></span><span style="font-family:"Arial",sans-serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.tbsnews.net/bangladesh/infrastructure/4-times-higher-cost-proposed-traffic-monitoring-dhaka-mawa-highway-410326#:~:text=cost%20escalation%20in%20future"><span style="font-family:"Comic Sans MS";color:#1155CC">[23]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial">. Likewise, Korean-made <b>heavy cranes and tunnel borers</b> could be used in upcoming megaprojects (if Korean firms win those contracts).</span></li> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial; color:#9900FF">Heavy Industry & Engineering:</span></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial"> In 2017, <b>Bashundhara Group</b> (one of Bangladesh’s largest conglomerates) signed a joint venture MoU with Korea’s <b>MTS Co. Ltd.</b> to establish a factory for industrial <b>valve manufacturing</b></span><span style="font-family:"Arial",sans-serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.bashundharagroup.com/article/bashundhara-group-korean-mts#:~:text=Bashundhara%20Group%2C%20is%20one%20of,within%20this%20southeast%20Asia%20region"><span style="font-family:"Comic Sans MS";color:#1155CC">[24]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial">. The project’s goal is to produce high-quality gate valves, ball valves, etc., domestically, using <b>Korean machinery and expertise</b>. This reflects a broader trend: as Bangladesh ventures into heavy engineering (from shipbuilding to power equipment), Korean firms are seen as partners to deliver advanced machinery. The <b>shipbuilding sector</b> is another example – Korean designs and machinery (like welding robots from Hyundai Heavy Industries) have been consulted to upgrade Bangladeshi shipyards.</span></li> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial; color:#9900FF">Light Manufacturing:</span></b><b><span style="font-family: "Comic Sans MS";mso-fareast-font-family:"Times New Roman";mso-bidi-font-family: Arial">Footwear and plastics</span></b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial"> are identified as new collaboration areas</span><span style="font-family:"Arial",sans-serif; mso-fareast-font-family:"Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=Image%20Thirdly%2C%20both%20countries%20can,companies%20can%20start%20new%20businesses"><span style="font-family:"Comic Sans MS";color:#1155CC">[25]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial">. A few Bangladeshi shoe factories have imported <b>Korean computerised sewing machines and laser cutters</b> to improve precision in leather cutting. <b>Plastic packaging companies</b> are using Korean injection molding machines for better consistency in products like bottles and caps.</span></li> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:Arial; color:#9900FF">ICT and Renewable Energy:</span></b><span style="font-family: "Comic Sans MS";mso-fareast-font-family:"Times New Roman";mso-bidi-font-family: Arial"> Bangladesh’s drive for a “Smart Bangladesh” includes setting up manufacturing for ICT equipment (like laptops, solar panels, etc.). Here, Korean machinery can play a role – for instance, <b>automated PCB assembly lines</b> from Korea for local tech device manufacturing, or <b>Korean solar panel production equipment</b> if Bangladesh starts local panel assembly.</span></li> </ul> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Overall, the range of industries tapping Korean machinery is expanding. This diversification is encouraged by South Korea’s approach of <b>continuous investment across sectors</b> (garments, then electronics, now autos, etc.) and introducing technology needed for Bangladesh’s sustainable growth</span><span style="font-size:12.0pt; font-family:"Times New Roman",serif;mso-fareast-font-family:"Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=making%20investment%20without%20any%20interruption,Development%20Country%20Status%20in%202026"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[26]</span></a> <a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=Image%20Thirdly%2C%20both%20countries%20can,companies%20can%20start%20new%20businesses"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[25]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""> </span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-size:14.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:blue">Specific Companies in Bangladesh Using Korean Machinery</span></b></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">To ground the discussion, here is a <b>snapshot of Bangladeshi companies (or joint ventures) and how they are leveraging Korean machinery or technology</b> in their operations:</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""> </span></p> <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;mso-yfti-tbllook:1184"> <tbody> <tr style="mso-yfti-irow:0;mso-yfti-firstrow:yes;height:27.75pt"> <td valign="bottom" style="border:none;border-bottom:solid black 1.0pt; mso-border-bottom-alt:solid black .75pt;padding:0cm 5.0pt 0cm 5.0pt; height:27.75pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Company (Bangladesh)</span></b></p> </td> <td valign="bottom" style="border:none;border-bottom:solid black 1.0pt; mso-border-bottom-alt:solid black .75pt;padding:0cm 5.0pt 0cm 5.0pt; height:27.75pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Sector</span></b></p> </td> <td valign="bottom" style="border:none;border-bottom:solid black 1.0pt; mso-border-bottom-alt:solid black .75pt;padding:0cm 5.0pt 0cm 5.0pt; height:27.75pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Korean Machinery/Technology Usage</span></b></p> </td> </tr> <tr style="mso-yfti-irow:1;height:95.25pt"> <td valign="top" style="border:none;mso-border-top-alt:solid black .75pt; padding:0cm 5.0pt 0cm 5.0pt;height:95.25pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Fair Electronics</span></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> (Fair Group) – Samsung Bangladesh</span></p> </td> <td valign="top" style="border:none;mso-border-top-alt:solid black .75pt; padding:0cm 5.0pt 0cm 5.0pt;height:95.25pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Electronics & Appliances</span></p> </td> <td valign="top" style="border:none;mso-border-top-alt:solid black .75pt; padding:0cm 5.0pt 0cm 5.0pt;height:95.25pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Operates a 55-acre assembly plant in Narsingdi to manufacture <b>Samsung</b> mobile phones, TVs, ACs, etc. Uses <b>Korean automated assembly lines and robotics</b> under Samsung’s technical supervision</span><span style="font-size:12.0pt; font-family:"Times New Roman",serif;mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=Take%20for%20the%20latest%20Galaxy,local%20assembly%20partner%20of%20Samsung"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[12]</span></a> <a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=,Electronics%2C%20told%20The%20Business%20Standard"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[13]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. Over $200 million invested in <b>modern machinery</b> for this factory, now producing ~100% of Samsung devices sold locally.</span></p> </td> </tr> <tr style="mso-yfti-irow:2;height:94.5pt"> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:94.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Fair Technology</span></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> – Hyundai Bangladesh</span></p> </td> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:94.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Automotive</span></p> </td> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:94.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Runs the new <b>Hyundai automobile assembly plant</b> at Kaliakoir Hi-Tech Park (opened 2023). Equipped with <b>Korean manufacturing equipment</b> for vehicle assembly (welding robots, paint shop, testing rigs) per Hyundai’s global standards</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=Korea%20is%20currently%20the%20fourth,Image"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[27]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. Korean experts trained local staff; currently assembling models like the Hyundai Creta.</span></p> </td> </tr> <tr style="mso-yfti-irow:3;height:81.0pt"> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:81.0pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Gumti Needle Lab</span></b></p> </td> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:81.0pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Medical Devices</span></p> </td> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:81.0pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Gazipur-based factory producing syringes and vacutainers. <b>All 300 machines are imported from South Korea</b>, fully automated for sterile, high-volume production</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.dhakatribune.com/magazine/weekend-tribune/128523/need-in-needle#:~:text=includes%20a%20Clean%20Room%20of,and%20imported%20from%20South%20Korea"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[21]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. This includes Korean-made molding, assembly, and packaging equipment, enabling output of millions of units per day.</span></p> </td> </tr> <tr style="mso-yfti-irow:4;height:94.5pt"> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:94.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">DS Korea (BD) Ltd</span></b></p> </td> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:94.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Textile Chemicals</span></p> </td> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:94.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">A textile chemical manufacturing plant in Chattogram, owned by Korea’s Daesung group. It boasts <b>100% Korean-made machinery</b> and is operated by Korean engineers</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://dskoreabd.com/about/#:~:text=is%20facilitated%20with%20easier%20communication,always%20avoid%20any%20unauthorized%20supplier"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[10]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. The plant produces dyes and washing chemicals with Korean quality control – an example of <b>Korean machinery in process manufacturing</b>.</span></p> </td> </tr> <tr style="mso-yfti-irow:5;height:94.5pt"> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:94.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">The Metal (Pvt.) Ltd</span></b></p> </td> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:94.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Agricultural Machinery Distribution</span></p> </td> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:94.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Imports, assembles, and sells farm machinery. Notably offers a <b>“Metal” brand combine harvester</b> which is actually built from <b>South Korean (and Chinese) components</b></span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf#:~:text=China%2C%20Korea%20and%20India,Potato%20Planter%2C%20Potato%20harvester"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[19]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. Also distributes Korean rice transplanters. Provides training and after-sales service using Korean spare parts and technical guidance.</span></p> </td> </tr> <tr style="mso-yfti-irow:6;mso-yfti-lastrow:yes;height:121.5pt"> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:121.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Bashundhara Group & MTS (JV)</span></b><i><span style="font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black">(planned)</span></i></p> </td> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:121.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Heavy Engineering</span></p> </td> <td valign="top" style="padding:0cm 5.0pt 0cm 5.0pt;height:121.5pt"> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Bashundhara, a top conglomerate, signed an MoU with <b>MTS Co. (Korea)</b> to set up a joint venture for manufacturing <b>industrial valves</b> in Bangladesh</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.bashundharagroup.com/article/bashundhara-group-korean-mts#:~:text=Bashundhara%20Group%2C%20is%20one%20of,within%20this%20southeast%20Asia%20region"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[24]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. The JV will involve importing <b>Korean machinery and tooling</b> to produce gate valves, ball valves, etc., for domestic industries (power plants, refineries). This partnership is poised to fill a market gap with locally made, <b>Korean-standard heavy machinery components</b>.</span></p> </td> </tr> </tbody> </table> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><i><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">The above list is not exhaustive – numerous other firms, especially in garments (e.g., Youngone’s KEPZ factories), leather goods, and electronics, are deploying Korean equipment or collaborating with Korean technical teams.)</span></i></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><br style="mso-special-character: line-break"> <br style="mso-special-character:line-break"> </span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-size:14.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:blue">Technical Comparisons: Korean Machinery vs Others</span></b></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Bangladeshi companies often face a choice between machinery from various origins – chiefly <b>Chinese, Indian, Western (European/North American), Japanese</b>, and <b>Korean</b>. Each comes with trade-offs in cost, technology, and reliability. Here’s how <b>Korean machinery generally stacks up</b>:</span></p> <ul style="margin-top: 0cm; margin-bottom: 0cm;" type="disc"> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt; font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial;color:red">Quality and Reliability:</span></u></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial"> Korean machinery is widely regarded as <b>high-quality and durable</b>, approaching Japanese or German standards, but often at a slightly lower price point. This makes it attractive to Bangladeshi firms who need dependable performance but cannot always afford top-tier Western/Japanese equipment. For instance, a Korean CNC machine or medical apparatus might run reliably for years with minimal downtime, whereas cheaper alternatives might break down more often. Companies like DS Korea (BD) explicitly state that with fully Korean machines their product remains <i>“Korean standard and one of the best in the world”</i></span><span style="font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman""><a href="https://dskoreabd.com/about/#:~:text=high%20quality%20Korean%20raw%20materials,always%20avoid%20any%20unauthorized%20supplier"><span style="font-family:"Comic Sans MS";color:#1155CC">[28]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial">, reflecting the confidence in Korean engineering.</span></li> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt; font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial;color:red">Technology & Innovation:</span></u></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial"> South Korea is a global leader in certain advanced manufacturing technologies (robots, semiconductors, automotive engineering). When Bangladeshi factories partner with Korean firms, they gain access to <b>cutting-edge tech</b>. A clear example is <b>Samsung’s smartphone assembly</b>: Bangladesh got to locally produce Galaxy smartphones only by using Samsung’s latest automated equipment and assembly techniques. Similarly, Hyundai’s introduction brought in modern automotive tooling (like jigs and fixtures for precise car assembly) that was previously absent in Bangladesh. <b>Korean machinery often incorporates modern automation</b> (PLC controls, IoT monitoring, etc.), aligning well with Bangladesh’s push for Industry 4.0 readiness.</span></li> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt; font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial;color:red">Cost Efficiency:</span></u></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial"> In terms of upfront cost, Korean machines are generally <b>more expensive than Chinese or Indian counterparts</b>, but <b>cheaper than European/Japanese</b> ones. This middle-ground pricing, combined with good quality, gives a solid <b>value-for-money proposition</b>. For critical applications – say, a pharmaceutical packaging line where a failure could halt production – many Bangladeshi firms prefer paying a bit more for Korean or Japanese equipment rather than risking downtime with a very cheap machine. Over the life cycle, the Korean machines often prove cost-effective due to <b>lower maintenance needs</b> and energy efficiency. For instance, a Korean combine harvester might cost more than a Chinese model, but farmers report it to <b>“perform well” with five functions in one pass and deliver higher yield”</b></span><span style="font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman""><a href="https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf#:~:text=operation%20and%20some%20are%20using,1%2C350"><span style="font-family:"Comic Sans MS";color:#1155CC">[29]</span></a> <a href="https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf#:~:text=The%20users%20mentioned%20that%20VMP,depends%20on%20driver%E2%80%99s%20efficiency"><span style="font-family:"Comic Sans MS";color:#1155CC">[30]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial">, implying better productivity per taka spent.</span></li> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt; font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial;color:red">After-Sales Support:</span></u></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial"> An important factor is service and parts. Korean manufacturers usually <b>ensure local support</b> through authorized agents (e.g., the Doosan/Develon construction equipment distributor provides spare parts and trained mechanics in Bangladesh). This contrasts with some low-cost Chinese suppliers where getting parts can be harder. The <b>training component</b> is also notable: Korean companies often invest in training local technicians (Samsung sending Bangladeshi engineers to Korea for 45 days</span><span style="font-family: "Arial",sans-serif;mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=innovations%E2%80%99"><span style="font-family:"Comic Sans MS";color:#1155CC">[31]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial">, or Hyundai bringing Korean experts to Dhaka) to ensure their machinery is used correctly. This knowledge transfer is a <b>distinct advantage</b> of choosing Korean partners, as it builds local human capital along with the hardware.</span></li> <li class="MsoNormal" style="color: black; text-align: justify; vertical-align: baseline; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><u><span style="font-size:12.0pt;font-family: "Comic Sans MS";mso-fareast-font-family:"Times New Roman";mso-bidi-font-family: Arial;color:red">Adaptation to Local Needs:</span></u></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:Arial"> Over years of engagement, Korean firms have shown flexibility in adapting machinery to Bangladesh’s context – be it tropical climate, power supply variability, or smaller-scale operations. For example, <b>Korea’s smaller combine harvesters</b> were suitable for Bangladesh’s small farm plots, unlike some giant Western harvesters meant for huge fields. Likewise, Samsung’s appliance assembly in Bangladesh has been tailored to use some locally sourced inputs (like packaging) while critical components are handled by precise Korean machines – a hybrid approach that fits local supply chains. This adaptive approach makes Korean machinery <b>pragmatic for Bangladeshi conditions</b>.</span></li> </ul> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">In summary, <b>Korean machinery hits a sweet spot</b>: providing advanced, reliable technology without the exorbitant costs of some high-end brands. It enables Bangladeshi industries to upgrade quality and capacity, which is vital as the country aims to diversify exports and improve productivity. The <b>technical collaboration</b> (through joint ventures, training, etc.) further amplifies the benefits, distinguishing Korean involvement from a mere buy-and-sell relationship.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-size:14.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:blue">Outlook for Korean Machinery in Bangladesh</span></b></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">The influence of Korean machinery in Bangladesh has evolved from a few pioneering partnerships (in garments) to a broad-based engagement across many modern industries. As of 2025, <b>South Korea is a key partner in Bangladesh’s quest for industrial upgrading</b>, whether it’s assembling the latest electronics and cars domestically or improving agricultural output with better equipment. The trend is mutually beneficial: Bangladesh gets quality machines and tech know-how, while Korea opens a growing market for its machinery exports and often benefits from Bangladesh’s competitive production base (through FDI).</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">Looking ahead, both governments and businesses are keen to deepen this partnership. The South Korean Ambassador aptly stated that Bangladesh–Korea cooperation has moved <i>“from RMG to electronics, infrastructure, and now automobiles”</i>, and new frontier areas are opening up</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.dhakatribune.com/bangladesh/303126/hyundai-cars-made-in-bangladesh-first#:~:text=%E2%80%9CToday%2C%20we%20are%20witnessing%20the,said%20the%20South%20Korean%20envoy"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[32]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. In the near future, we can expect:</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">·</span><span style="font-size:7.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black"> </span><u><span style="font-size:12.0pt;font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:red"> <b>Higher trade volumes in machinery:</b></span></u><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">as Bangladesh’s economy (and need for machinery) grows ~7% annually, and if an EPA trade deal is signed, imports of Korean capital machinery could surge beyond the current few hundred million dollars a year.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">·</span><span style="font-size:7.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black"> </span><u><span style="font-size:12.0pt;font-family:"Comic Sans MS"; mso-fareast-font-family:"Times New Roman";mso-bidi-font-family:"Times New Roman"; color:red"> <b>New sectors for collaboration:</b></span></u><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> like <b>renewable energy technology</b> (Korea’s green tech machinery for solar farms or smart grids), <b>shipbuilding</b> (transferring Korean shipyard machinery to build coastal vessels in Bangladesh), and <b>digital tech</b> (manufacturing of ICT devices with Korean equipment).</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">·</span><span style="font-size:7.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black"> </span><b><u><span style="font-size:12.0pt;font-family: "Comic Sans MS";mso-fareast-font-family:"Times New Roman";mso-bidi-font-family: "Times New Roman";color:red">Local manufacturing under Korean license:</span></u></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">More Korean companies may choose to set up manufacturing in Bangladesh (as Samsung and Hyundai did) to serve both the local market and export markets. This will bring in more Korean machine tools, assembly lines, and auxiliary machinery to Bangladeshi factories.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">·</span><span style="font-size:7.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:black"> </span><b><u><span style="font-size:12.0pt;font-family: "Comic Sans MS";mso-fareast-font-family:"Times New Roman";mso-bidi-font-family: "Times New Roman";color:red">Continued skill development:</span></u></b><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> Each infusion of Korean machinery comes with training. Over time, a cadre of Bangladeshi engineers and technicians expert in Korean systems will emerge, which in turn could support regional expansion (e.g., Bangladeshi tech experts might help set up Korean machines in other South Asian countries).</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">In conclusion, <b>Korean machinery has carved out a strong reputation in Bangladesh</b> for quality and technological edge. Whether it’s the silent whir of a Korean servo motor on a Dhaka factory floor, or the gleam of a freshly assembled Hyundai car on Bangladeshi roads, these are testaments to a partnership that marries machinery with development. With careful investment and cooperation, the “Made in Bangladesh” tag will increasingly have a “Powered by Korea” story behind it – a story of two nations advancing together through industrial innovation.</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""> </span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><b><span style="font-size:14.0pt;font-family:"Comic Sans MS";mso-fareast-font-family: "Times New Roman";mso-bidi-font-family:"Times New Roman";color:blue">Sources</span></b></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> The information above is drawn from recent trade reports, industry news, and official statements. Key sources include bilateral trade statistics</span><span style="font-size:12.0pt; font-family:"Times New Roman",serif;mso-fareast-font-family:"Times New Roman""><a href="https://www.thefinancetoday.net/article/business/20923/Bangladesh-S-Korea-bilateral-trade-reach-record-high-crossing-%243-billion-in-2022#:~:text=another%20record%20high%20in%202022,exceeding%203%20billion%20US%20dollars"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[1]</span></a> <a href="https://www.tbsnews.net/economy/export-south-korea-doubles-decade-351100#:~:text=Major%20export%20items%20of%20Korea,petrochemical%20products%2C%20steel%20and%20pesticides"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[2]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">, Bangladeshi news outlets like <i>The Business Standard</i>, <i>Dhaka Tribune</i>, etc., highlighting specific projects and company activities (e.g. Samsung/Fair Electronics</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=Take%20for%20the%20latest%20Galaxy,local%20assembly%20partner%20of%20Samsung"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[12]</span></a> <a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=,Electronics%2C%20told%20The%20Business%20Standard"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[13]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">, Hyundai/Fair Technology</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=Korea%20is%20currently%20the%20fourth,Image"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[27]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">, Gumti Needle Lab</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-font-family: "Times New Roman""><a href="https://www.dhakatribune.com/magazine/weekend-tribune/128523/need-in-needle#:~:text=includes%20a%20Clean%20Room%20of,and%20imported%20from%20South%20Korea"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[21]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">), and publications on sector trends</span><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.connecta-network.com/bangladeshs-main-import-essential-insights-into-machinery/#:~:text=,for%20electronics%20and%20automotive%20manufacturing"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[6]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black">. These demonstrate the tangible impact of Korean machinery in Bangladesh’s economy and its promising trajectory for the future.</span></p> <div class="MsoNormal" align="center" style="text-align: center; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family: "Times New Roman",serif;mso-fareast-font-family:"Times New Roman""> <hr size="2" width="100%" align="center"> </span></div> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt; font-family:"Times New Roman",serif;mso-fareast-font-family:"Times New Roman""> </span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.thefinancetoday.net/article/business/20923/Bangladesh-S-Korea-bilateral-trade-reach-record-high-crossing-%243-billion-in-2022#:~:text=another%20record%20high%20in%202022,exceeding%203%20billion%20US%20dollars"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[1]</span></a> <a href="https://www.thefinancetoday.net/article/business/20923/Bangladesh-S-Korea-bilateral-trade-reach-record-high-crossing-%243-billion-in-2022#:~:text=by%20450,USD%20121%20million"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[3]</span></a><a href="https://www.thefinancetoday.net/article/business/20923/Bangladesh-S-Korea-bilateral-trade-reach-record-high-crossing-%243-billion-in-2022#:~:text=However%2C%20the%20increase%20of%20Korea%E2%80%99s,2021%20to%20USD%20121%20million"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[4]</span></a></span> <span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> Bangladesh, S Korea bilateral trade reach record high crossing $3 billion in 2022 | Business | FT | The National Financial Portal </span><span style="font-size:12.0pt;font-family: "Times New Roman",serif;mso-fareast-font-family:"Times New Roman""><a href="https://www.thefinancetoday.net/article/business/20923/Bangladesh-S-Korea-bilateral-trade-reach-record-high-crossing-%243-billion-in-2022"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://www.thefinancetoday.net/article/business/20923/Bangladesh-S-Korea-bilateral-trade-reach-record-high-crossing-%243-billion-in-2022</span></a> </span><u><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:#1155CC"> </span></u></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/economy/export-south-korea-doubles-decade-351100#:~:text=Major%20export%20items%20of%20Korea,petrochemical%20products%2C%20steel%20and%20pesticides"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[2]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> Export to South Korea doubles in a decade | The Business Standard</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/economy/export-south-korea-doubles-decade-351100"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://www.tbsnews.net/economy/export-south-korea-doubles-decade-351100</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.dhl.com/discover/en-bd/e-commerce-advice/shipping-guides-by-country/how-to-import-machinery-from-china#:~:text=Image%3A%20import%20heavy%20machinery%20from,china"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[5]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> Machinery Import From China To Bangladesh</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.dhl.com/discover/en-bd/e-commerce-advice/shipping-guides-by-country/how-to-import-machinery-from-china"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://www.dhl.com/discover/en-bd/e-commerce-advice/shipping-guides-by-country/how-to-import-machinery-from-china</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.connecta-network.com/bangladeshs-main-import-essential-insights-into-machinery/#:~:text=,for%20electronics%20and%20automotive%20manufacturing"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[6]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> Bangladesh’s Main Import: Essential Insights into Machinery</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.connecta-network.com/bangladeshs-main-import-essential-insights-into-machinery/"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://www.connecta-network.com/bangladeshs-main-import-essential-insights-into-machinery/</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=neither%20seeks%20short,ment%20in%20mutually%20beneficial%20ways"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[7]</span></a> <a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=focus%20on%20timely%20completion"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[8]</span></a><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=Substantial%20relations%20between%20Korea%20and,of%20the%20country%27s%20exports"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[9]</span></a> <a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=increase%20in%20investment%20in%20automobiles%2C,Image"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[15]</span></a><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=Image%20Thirdly%2C%20both%20countries%20can,companies%20can%20start%20new%20businesses"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[25]</span></a> <a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=making%20investment%20without%20any%20interruption,Development%20Country%20Status%20in%202026"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[26]</span></a><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion#:~:text=Korea%20is%20currently%20the%20fourth,Image"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[27]</span></a></span> <span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> FICCI | KOREA-BANGLADESH PARTNERSHIP THRIVES: KEPZ MARKS 50 YEARS OF DIPLOMATIC TIES WITH $1.25 BILLION IN EXPORTS AND 70,000 JOBS</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://ficci.org.bd/en/blog/korea-bangladesh-partnership-thrives-kepz-marks-50-years-of-diplomatic-ties-with-125-billion</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://dskoreabd.com/about/#:~:text=is%20facilitated%20with%20easier%20communication,always%20avoid%20any%20unauthorized%20supplier"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[10]</span></a> <a href="https://dskoreabd.com/about/#:~:text=being%20operated%20and%20maintained%20by,always%20avoid%20any%20unauthorized%20supplier"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[11]</span></a><a href="https://dskoreabd.com/about/#:~:text=high%20quality%20Korean%20raw%20materials,always%20avoid%20any%20unauthorized%20supplier"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[28]</span></a></span> <span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> About DS KOREA (BD) LIMITED </span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://dskoreabd.com/about/"><span style="font-size:11.0pt;font-family: "Comic Sans MS";color:#1155CC">https://dskoreabd.com/about/</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=Take%20for%20the%20latest%20Galaxy,local%20assembly%20partner%20of%20Samsung"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[12]</span></a> <a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=,Electronics%2C%20told%20The%20Business%20Standard"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[13]</span></a><a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=Fair%20Electronics%20began%20production%20in,most%20of%20them%20are%20Bangladeshis"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[14]</span></a> <a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024#:~:text=innovations%E2%80%99"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[31]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> How Samsung puts Fair Electronics on hi-tech trajectory | The Business Standard</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://www.tbsnews.net/economy/industry/how-samsung-puts-fair-electronics-hi-tech-trajectory-364024</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.dhakatribune.com/bangladesh/303126/hyundai-cars-made-in-bangladesh-first#:~:text=At%20the%20formal%20opening%20of,the%20country%20and%20South%20Korea"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[16]</span></a> <a href="https://www.dhakatribune.com/bangladesh/303126/hyundai-cars-made-in-bangladesh-first#:~:text=South%20Korean%20Ambassador%20Lee%20said,development%20of%20automobiles%20in%20Bangladesh"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[17]</span></a><a href="https://www.dhakatribune.com/bangladesh/303126/hyundai-cars-made-in-bangladesh-first#:~:text=%E2%80%9CToday%2C%20we%20are%20witnessing%20the,said%20the%20South%20Korean%20envoy"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[32]</span></a></span> <span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> Hyundai cars made in Bangladesh: First manufacturing plant in Gazipur opens</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.dhakatribune.com/bangladesh/303126/hyundai-cars-made-in-bangladesh-first"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://www.dhakatribune.com/bangladesh/303126/hyundai-cars-made-in-bangladesh-first</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://maxonpowerltd.com/construction-equipment.php#:~:text=Construction%20%26%20Material%20Handling%20Equipment,As"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[18]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> Construction & Material Handling Equipment - Maxon Power Limited</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://maxonpowerltd.com/construction-equipment.php"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://maxonpowerltd.com/construction-equipment.php</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf#:~:text=China%2C%20Korea%20and%20India,Potato%20Planter%2C%20Potato%20harvester"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[19]</span></a> <a href="https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf#:~:text=%28by%20cost%20sharing%20basis%29,DAE%20under%20government%20subsidy%20programme"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[20]</span></a><a href="https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf#:~:text=operation%20and%20some%20are%20using,1%2C350"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[29]</span></a> <a href="https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf#:~:text=The%20users%20mentioned%20that%20VMP,depends%20on%20driver%E2%80%99s%20efficiency"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[30]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> LWR-2018-111-final-report-appendix-1-FGD-survey-report</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://www.aciar.gov.au/sites/default/files/2021-12/LWR-2018-111-final-report-Appendix-1.pdf</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.dhakatribune.com/magazine/weekend-tribune/128523/need-in-needle#:~:text=includes%20a%20Clean%20Room%20of,and%20imported%20from%20South%20Korea"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[21]</span></a> <a href="https://www.dhakatribune.com/magazine/weekend-tribune/128523/need-in-needle#:~:text=,addressing%20through%20this%20initiative"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[22]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> Need in Needle</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.dhakatribune.com/magazine/weekend-tribune/128523/need-in-needle"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://www.dhakatribune.com/magazine/weekend-tribune/128523/need-in-needle</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/bangladesh/infrastructure/4-times-higher-cost-proposed-traffic-monitoring-dhaka-mawa-highway-410326#:~:text=cost%20escalation%20in%20future"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[23]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> 4 times higher cost proposed for traffic monitoring on Dhaka-Mawa highway | The Business Standard</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.tbsnews.net/bangladesh/infrastructure/4-times-higher-cost-proposed-traffic-monitoring-dhaka-mawa-highway-410326"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://www.tbsnews.net/bangladesh/infrastructure/4-times-higher-cost-proposed-traffic-monitoring-dhaka-mawa-highway-410326</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.bashundharagroup.com/article/bashundhara-group-korean-mts#:~:text=Bashundhara%20Group%2C%20is%20one%20of,within%20this%20southeast%20Asia%20region"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">[24]</span></a> </span><span style="font-family:"Comic Sans MS";mso-fareast-font-family:"Times New Roman"; mso-bidi-font-family:"Times New Roman";color:black"> Bashundhara Group, Korean MTS company reach agreement - Bashundhara Group</span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""><a href="https://www.bashundharagroup.com/article/bashundhara-group-korean-mts"><span style="font-size:11.0pt;font-family:"Comic Sans MS";color:#1155CC">https://www.bashundharagroup.com/article/bashundhara-group-korean-mts</span></a> </span> </p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""> </span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt; font-family:"Times New Roman",serif;mso-fareast-font-family:"Times New Roman""> </span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size:12.0pt;font-family:"Times New Roman",serif; mso-fareast-font-family:"Times New Roman""> </span></p> <p class="MsoNormal" style="text-align: justify; margin: 0cm 0cm 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"> </p><br><p><br></p>
