Published: 11:30 AM, 22 September 2026
MEP Group to invest Tk 200cr in Mirsarai Economic Zone
Bangladesh-based electrical products manufacturer MEP Group has taken an initiative to invest around Tk 200 crore to set up a modern factory at the National Special Economic Zone in Mirsarai, Chattogram.
The company said it will establish the factory on 10 acres of land and produce a range of electrical products, including lighting equipment, switches and sockets, circuit breakers, fans and cables.
The investment is expected to increase production capacity, product diversity and quality in the country’s electrical products sector while creating employment opportunities and strengthening the competitiveness of local industries.
As part of the investment and factory development plan, MEP Group recently organised a programme titled “MEP Accessories Super Offer 2026 Grand Achiever Celebration” at a hotel in the capital.
The programme featured the distribution of prizes among 80 winners, including 78 motorcycles and two refrigerators. An exhibition of MEP products and a business exchange session were also held.
Speaking as the chief guest, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Administrator Md. Fazlul Hoque said the new investment and modern factory of MEP Group at the National Special Economic Zone would help produce higher-quality and more diversified electrical products. He said the initiative would contribute positively to industrialisation, employment generation and the expansion of domestic production capacity.
MEP Group Managing Director Dr Jahangir Alam Chakladar said the new factory would serve not only as a project to expand production capacity but also as a centrepiece of the company’s long-term plans for improving product quality, technology, innovation and market expansion.
He said the company aims to make MEP a larger contributor to the country’s electrical products market by working with retailers, distributors and consumers.
MEP Group Director Shakil Alam Chakladar said the prize distribution recognised the contributions of retailers, distributors and business partners.
He said the company plans to develop a strong marketing network for market expansion and new products after the factory starts supplying products to the market.
The company said the MEP Accessories Special Offer will run from October to December 2026.
Senior MEP Group officials, businessmen, distributors, retailers and media representatives attended the programme.
