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SATURDAY, JUNE 07, 2025
Walton wins Excellence in Investment Award 2025

Corporates

Press Release
09 April, 2025, 04:40 pm
Last modified: 09 April, 2025, 06:12 pm

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Walton wins Excellence in Investment Award 2025

Press Release
09 April, 2025, 04:40 pm
Last modified: 09 April, 2025, 06:12 pm
Walton wins Excellence in Investment Award 2025

Bangladesh's superbrand and tech giant Walton has been honoured with the 'Excellence in Investment Award 2025' for contributing to significant and impactful investments within the Bangladeshi economy.

Bangladesh Development Authority (BIDA) awarded Walton this prestigious recognition under the ESG (Environmental, Social and Governance) category.
Chief Adviser Professor Dr Muhammad Yunus handed the award to Walton Hi-Tech Industries PLC's Managing Director S M Mahbubul Alam at the 'Bangladesh Investment Summit 2025', which was held at the Intercontinental Hotel in the capital on Wednesday morning.
BIDA's Executive Chairman, Ashik Chowdhury, and the Chief Adviser's Special Envoy on International Affairs, Lutfey Siddiqi, were also present.

In response to receiving the award, Walton Hi-Tech's Managing Director, S M Mahbubul Alam, said, "Walton is committed to fostering sustainable growth, creating employment opportunities and driving innovation. Thus, Walton has made huge investments in the electronics and high-tech industries in the country, which have created employment for around a hundred thousand people. Walton has been achieving new milestones in producing and exporting import-substitute products. In recognition of these initiatives, Walton was awarded the 'Excellence in Investment Award 2025' at the 'Bangladesh Investment Summit 2025'. Thanks to the Bangladesh Investment Development Authority for giving Walton this prestigious award."

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He also said, "Walton is always working on technological upgradation according to customers' needs. Therefore, more investment is being made in the new automation technologies of the fourth industrial revolution. Walton has focused on creating a strong footprint in the local and global markets. In addition, Walton has been investing significantly in research and innovation to produce innovative products with new technologies and features. As a part of our commitment to environmental protection, eco-friendly technologies are being incorporated into production processes and products. Our efforts to produce innovative products will continue."

The Walton Hi-Tech's managing director also noted that Walton is firmly committed to the government's vision of building a green and carbon-free Bangladesh. In line with this commitment, a 6.5 MW rooftop solar project has already been installed at Walton Headquarters in Gazipur, and another 13.5 MW project is now being implemented. Walton has sufficient capacity to install 50 MW solar power projects in its industrial facilities. This will make it possible to significantly reduce dependence on conventional energy, reduce carbon emissions, and contribute to achieving the national renewable energy target.

To attract more domestic and foreign investment to Bangladesh, BIDA has awarded the 'Excellence in Investment Award 2025' to successful investors who have made extraordinary contributions to the investment sector in the last fiscal years 2021-22, 2022-23, and 2023-24 and have strengthened Bangladesh's economy through investment.

TBS / Walton / Corporate

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