How much paint did our megaprojects use? | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
May 09, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, MAY 09, 2025
How much paint did our megaprojects use?

Supplement

Jahidul Islam
14 September, 2023, 12:25 pm
Last modified: 14 September, 2023, 12:26 pm

Related News

  • AL's dev projects loan-dependent, its burdens to harm future generations: Mustafizur Rahman
  • Eid journey less hectic: Road megaprojects start paying off
  • 'Partial planning' is holding back the full potential of our megaprojects
  • What picture do the numbers paint?
  • Elite Paints: Best in the business

How much paint did our megaprojects use?

Government infrastructure megaprojects have significantly contributed to the surge in paint demand in recent years, consequently encouraging entrepreneurs to emphasise the production of novel paint varieties

Jahidul Islam
14 September, 2023, 12:25 pm
Last modified: 14 September, 2023, 12:26 pm
Photo: UNB
Photo: UNB

Approximately 2.40 lakh litres of industrial paint have been applied to adorn the steel structures and roofs of 16 stations along the country's first metro rail line, which is awaiting its full-service inauguration from Uttara to Motijheel. These paints, specially customised with Japanese technology, hold a market value exceeding Tk10 crore.

Sources reveal that in total, over Tk25 crore worth of decorative paint has been used for various purposes within the metro rail project, including station embellishments, 24 sets of six-coach trains, and depot work.

Significant structures, such as the four coaling towers, at the Rooppur nuclear power plant – a project costing over Tk100,000 crore – have consumed industrial paint worth no less than Tk20 crore. This figure is expected to rise when considering decorative paint usage.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

In the meantime, an estimated Tk10 crore worth of paint is projected to be used for the third terminal of the Hazrat Shahjalal International Airport, slated for inauguration in October this year.

Government infrastructure megaprojects have significantly contributed to the surge in paint demand in recent years. Consequently, entrepreneurs are emphasising the production of novel paint varieties. This expansion has led to increased employment opportunities in the country and a partial alleviation of pressure on the currency exchange rate due to reduced import dependence.

Manufacturers assert that the industrial sector accounts for 10-12% of the nation's total paint consumption, with at least half being directed toward government infrastructure.

Sources said Kansai Nerolac Paints (Bangladesh) Limited, a Japanese-based company, has supplied paints for the metro rail station steel structures. Additionally, other companies, including Nippon Paint (Bangladesh) Private Limited, have provided paint for various establishments.

Nurul Karim Sifat, head of marketing at Kansai Nerolac Bangladesh, explained that water-based paint is typically used for residential walls, as it can be easily mixed with water. However, such decorative paints have lower durability. Conversely, high-performance paints are utilised in industrial and large-scale infrastructures, requiring solvents to be mixed with oil-based paints.

Sifat emphasised the importance of long-lasting industrial paint in safeguarding installations from various risks, such as sun and rain exposure.

As an example, he cited the Dhaka Mass Transit Company Limited's request for a special type of paint with a 10-year guarantee for metro rail station steel structures. To meet this demand, new paint varieties were developed and supplied using Japanese technology under the supervision of the late Prof Engineer Jamilur Reza Chowdhury.

Kansai Nerolac has also created specialised technology paint for the coaling tower of the Rooppur Nuclear Power Plant, emphasising that large structure painting necessitates custom colours to enhance durability, necessitating lengthy research and approvals at various stages.

Nippon Paint, Kansai Nerolac, and Asian Paints are the primary suppliers of paint for the Dhaka airport's third terminal.

Rajesh Sircar, deputy general manager of Nippon Paint, estimates that approximately Tk10 crore worth of paint would be required for this installation. However, the cost is comparatively lower compared to the installation size as decorative paints are being primarily used here.

He believes that government infrastructure, particularly mega projects, plays a pivotal role in the growth of the industrial paint industry.

He noted that domestic companies previously depended mainly on decorative paint for home use, resulting in import dependence as only one company produced industrial paints. The significance of industrial paint production has surged in the last 8-10 years as the government prioritised megaproject implementation.

Currently, about half a dozen multinational and domestic companies have the capacity to supply various types of industrial paint, leading to reduced prices and savings in foreign exchange due to reduced import reliance.

Nurul Karim Sifat said that because various companies have attached importance to the industrial paint segment, investment, production, and employment have increased. This surge in activity has led to a dual benefit: a decrease in the cost of paint and a reduction in foreign exchange expenditure due to decreased import dependency.

Furthermore, Sifat highlighted a pressing issue in the home decorative paint industry – selling products to dealers on credits. This often results in financial entanglement, with funds becoming tied up and collection difficulties arising, sometimes necessitating lengthy legal procedures. Interestingly, Sifat noted that this problem contrasts with the smooth functioning of government infrastructure projects, which do not face similar challenges.

According to sources, government projects in the power sector are substantial consumers of paint, consuming large quantities. For instance, the rehabilitation project for Rohingyas on Bhashanchar Island has used approximately Tk7 crore worth of paint. Similarly, the Padma Rail Link project has reportedly involved the use of paints valued between Tk1.5 crore and Tk2 crore.

Road marking a huge market

According to Roads and Highways Department (RHD) sources, road marking has become a huge market for industrial paint in the construction and renovation of road infrastructure.

The cost of road marking in the Sylhet-Charkhai-Sheola highway development project approved by the Executive Committee of the National Economic Council (Ecnec) in April has been estimated at Tk6.27 crore.

A project taken up in February to increase the width of four roads in Cumilla district has been estimated to cost Tk2.25 crore.

During the approval of the fourth amendment of the Chattogram Outer Ring Road project, Tk9.55 crore was allocated to this sector.

Three road construction projects connecting Satkhira Road and City Bypass are estimated to cost Tk2.53 crore for road marking.

The expenditure on road marking in Bhulta-Araihazar-Bancharampur-Nabinagar-Shibpur-Radhika Regional Highway Development Project approved in June this year has been estimated at Tk4.34 crore.

About 60% of the total allocation for road marking is spent on buying paints, said an additional chief engineer of the RHD, on condition of anonymity. And the remaining 40% is spent on thinner, labour wages, and machine maintenance, the official added.

The RHD additional chief engineer also told TBS that there is no fixed amount of money per kilometre for road marking. Marking cost per kilometre depends on road design, number of lanes, alignment, and location.

The official thinks that the cost of marking per kilometre on a four-lane road may be Tk7 lakh to Tk10 lakh.

According to sources, the implementation of about 125 projects in road construction under the RHD is going on at present. Even if Tk3 crore is spent on each project on an average, a total of Tk375 crore will be spent in this sector in the next few years.

According to RHD sources, in the last three financial years, the organisation has completed the surfacing of 6,935km, widening of 2,139km, upgrading of 2,445km, and reconstruction of 775 km of roads, bridges, and flyovers besides Joydebpur Chowrasta-Chandra-Elenga 4-lane, construction of 4-lane Kanchpur, Meghna, and Gomti bridges, construction of Dhaka-Mawa Expressway, Cox's Bazar-Teknaf Marine Drive road.

If the per kilometre cost of this work is Tk7 lakh, the cost of marking 12,294 kilometres stands at Tk861 crore, and about Tk516 crore from the amount was spent on buying paint as paint accounts for 60% of the total costs.

Paint your dreams / megaprojects

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • The protesters gather in front of Chief Adviser's Jamuna residence in the capital tonight (8 May), demanding a ban on Awami League. Photo: TBS
    'Won't move without clear roadmap on AL ban': Protesters, led by NCP, stage sit-in in front of CA's residence
  • Screengrab from video shared by Adviser Asif Mahmud
    Jubo League, Swechchhasebak League to be banned; process in final stage: Adviser Asif Mahmud
  • Bangladesh Bank. File Photo: Collected
    Bangladesh Bank tightens credit facility for bank directors and affiliates

MOST VIEWED

  • Bangladesh Investment Development Authority (Bida) Chairman Ashik Chowdhury speaks to media in Chattogram on 8 May 2025. Photo: TBS
    Free Trade Zone to be established on 400 acres in Ctg, AP Moller-Maersk to invest $800m: Bida Chairman
  • Why Atomic Energy Commission resists joining govt's digital payment system
    Why Atomic Energy Commission resists joining govt's digital payment system
  •  Fragments of what Pakistan says is a drone. May 8, 2025. Photo: Reuters
    Pakistan denies involvement in drone attack in Indian Kashmir, calls it ‘fake’
  • Representational image
    From next FY, parliament takes control of tax exemptions, capped at 5 years
  • A pink bus stops mid-road in Dhaka’s Shyamoli on Monday, highlighting the challenges facing a reform effort to streamline public transport. Despite involving 2,600 buses and rules against random stops, poor enforcement, inadequate ticket counters, and minimal change have left commuters disillusioned and traffic chaos largely unchanged. Photo:  Syed Zakir Hossain
    Nagar Paribahan, pink bus services hit snag in Dhaka's transport overhaul
  • Metal debris lies on the ground in Wuyan in south Kashmir's Pulwama district district May 7, 2025. Photo: REUTERS/Sharafat Ali
    Pakistan warns of nuclear war as India-Pakistan conflict escalates

Related News

  • AL's dev projects loan-dependent, its burdens to harm future generations: Mustafizur Rahman
  • Eid journey less hectic: Road megaprojects start paying off
  • 'Partial planning' is holding back the full potential of our megaprojects
  • What picture do the numbers paint?
  • Elite Paints: Best in the business

Features

Graphics: TBS

Why can’t India and Pakistan make peace?

13h | The Big Picture
Graphics: TBS

What will be the fallout of an India-Pakistan nuclear war?

13h | The Big Picture
There were a lot more special cars in the halls such as the McLaren Artura, Lexus LC500, 68’ Mustang and the MK4 Supra which, even the petrolheads don't get to spot often. PHOTO: Arfin Kazi

From GTRs to V12 royalty: Looking back at Curated Cars by Rahimoto and C&C

1d | Wheels
The lion’s share of the health budget still goes toward non-development or operational expenditures, leaving little for infrastructure or innovation. Photo: TBS

Healthcare reform proposals sound promising. But what about financing?

2d | Panorama

More Videos from TBS

Why is China confident that the U.S. will lose the trade war?

Why is China confident that the U.S. will lose the trade war?

8h | Others
NCP strongly criticizes government over Abdul Hamid's departure from the country

NCP strongly criticizes government over Abdul Hamid's departure from the country

8h | TBS Today
Pakistan missile attack in Jammu

Pakistan missile attack in Jammu

9h | TBS News Updates
Relations with businessmen, Trump and Modi on the same path

Relations with businessmen, Trump and Modi on the same path

10h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net