Bangladesh is a market of strategic importance to Volvo CE. Infrastructure growth in the country has shown remarkable improvement in recent times, especially after India and Bangladesh signed the Bilateral Trade Agreement to boost mutual trade and leverage business opportunities. The demand for construction & mining equipment is expected to be stronger than ever in coming years from rail, road, port and airport development to mega power projects and beyond
Volvo CE intends to expand distribution footprint in the country and tap the immense untapped market potential. The appointment of A B Constructions Ltd is a significant step forward in this direction and shall consolidate our presence in Bangladesh along with another existing distribution partner Solution Engineering Ltd based at Chittagong and bring our products and services closer to the customers.
Headquartered in Dhaka, A B Constructions Ltd is an accomplished business house with rich experience spanning four decades in diverse sectors like Steel, Infrastructure Development, Heavy Construction, Trading, Logistics and IT. The Company is led by Mr Mursalin Ahmad, Managing Director and Mr. Mohiuddin Ahmed, Chairman – both seasoned entrepreneurs with a reputation for quality, reliability, and integrity. “80% of construction equipment customers in Bangladesh belong to the retail/rental category,” said Mursalin Ahmed. “We are sure brand Volvo will work wonders in this market.”
To handle and service Volvo CE business operations, AB Constructions Ltd will set up a dedicated office at Dhaka with separate warehousing facilities and component workshop. Business coverage will extend to all 64 districts in Bangladesh. “We are pleased to welcome A B Constructions Ltd into the Volvo CE family,” said Dimitrov Krishnan, Head of Region India. “Volvo Construction Equipment looks forward to contributing strongly in the sustainable infrastructure development in Bangladesh."