Abdul Monem Limited
| File:AML-Logo.jpg | |
| Private | |
| ISIN | 🆔 |
| Industry | Conglomerate |
| Founded 📆 | 1956 in Bangladesh[1] |
| Founder 👔 | Abdul Monem |
| Headquarters 🏙️ | Kawranbazar, , |
Area served 🗺️ | |
Key people |
|
| Products 📟 |
|
| Members | |
Number of employees | 10000[1] (2023) |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Abdul Monem Limited (AML) is one of the largest industrial conglomerates with 12 business concerns in Bangladesh.[1][3] The industries under this conglomerate include beverages, sugar refinery, consumer products, real estate, construction materials amongst others.[3]
AML was established by Abdul Monem in 1956.[4] After his death his sons are taking the key decisions of this group.[1] A. S. M. Mainuddin Monem is the Managing Director of Abdul Monem Limited.[5] A. S. M. Mohiuddin Monem is the Deputy Managing Director of Abdul Monem Limited.[6]
History[edit]
Abdul Monem established the company in 1956 as AML Construction Unit.[7][8]
In 1982, Abdul Monem Limited (AML) started bottling for Coca-Cola in Bangladesh after purchasing the plant from K. Rahman & Company.[8] Later the company established a bottling plant in Cumilla with 450 bottles per minute capacity[8] and expands its business in Food & Beverage Market.[9] The group constructed portions of the Khulna-Mongla Highway in 1984.[10]
The group constructed the Jamuna Bridge, a major infrastructure project of Bangladesh in 1990s.[11]
Prime Minister Sheikh Hasina inaugurated Mawna flyover on Dhaka Mymensingh highway constructed by Abdul Monem Limited in April 2015.[12]
In 2017, AML got a license to set up a private economic zone, Abdul Monem Economic Zone (AMEZ) under BEZA in 216 acres of land at Gazaria Upazila, Munshiganj.[13] They also invested in Bangbandhu Industrial City in 2022.[14] In 2018, a study found that Igloo and other business units from AML were responsible for 20% of single-use plastic pollution in Bangladesh.[15]
The founder and chairman of the group, Abdul Monem, died at the Combined Military Hospital, Dhaka in June 2020.[7]
In 2021, they were awarded the $2 billion contract to expand a section of the Elenga-Rangpur highway.[16][17] The group was involved in the construction of the Hazrat Shahjalal International Airport, Osmani International Airport, Dhaka Metro Rail,[18] and Kalna Bridge.[19] The company also constructed Kalshi Flyover, Cox's Bazar International Airport Tarmac Project, Karnaphuli Tunnel Project, and Jalsiri Abasan Project.[5] AML had 38% of the ice cream market in Bangladesh as of 2021 through its subsidiary Igloo.[20]
In 2022, Coca-Cola and AML provided water supplies to victims of the 2022 India–Bangladesh floods.[21]
AML supported construction of the 6.15 kilometer-long Padma Bridge which opened in 2022.[22][23] The Padma Bridge is a major infrastructure development which services a metro population of greater than 30 million people and is expected to increase the country's GDP by over 1%.[24][25]
In April 2023, Commerce Minister Tipu Munshi awarded ServicEngine Limited, subsidiary of Abdul Monem Limited, the national export trophy.[26] It had won the award each year for the last eight years.[26]
List of companies[edit]
Sugar Refinery
- Abdul Monem Sugar Refinery Ltd.[27]
Beverages
- Bottler of Coca-Cola Company.[28]
Food
- Igloo Dairy Ltd.
- Igloo Foods Ltd.
- Igloo Ice-Cream Unit.
- AM Bran Oil.
Real Estate
- AML Construction Ltd.
- Monem Business District
Financials
- AM Securities & Financial Services Ltd.
Pharmaceuticals
- Novus Pharmaceuticals Ltd.
Private Economic Zone
- Abdul Monem Economic Zone (AMEZ) in Daudkandi, Munshiganj[29]
Construction
- AML Asphalt and Ready Mix Concrete Ltd.
- Auto Bricks Ltd.
- Danish Bangla Emulsion Ltd.
- AM Dredging Ltd.
Information technology[edit]
- ServicEngine Limited.[26]
See also[edit]
References[edit]
- ↑ 1.0 1.1 1.2 1.3 "Abdul Monem Ltd goes from strength to strength". 15 January 2023.
- ↑ 2.0 2.1 "Corporate Profile – WELCOME TO AMLBD". Archived from the original on 2020-06-03. Retrieved 2023-06-30. Unknown parameter
|url-status=ignored (help) - ↑ 3.0 3.1 "Abdul Monem gets final licence for economic zone". The Daily Star. 2017-01-04. Retrieved 2020-07-05.
- ↑ "Industrialist Abdul Monem no more". TheFinancialExpress.com.bd. May 31, 2020.
- ↑ 5.0 5.1 "ASM Mainuddin Monem honoured with CIP Award". The Daily Star. 2023-05-22. Retrieved 2023-10-02.
- ↑ "Mr. A.S.M. Mohiuddin Monem". www.pragatilife.com. Retrieved 2023-10-02.
- ↑ 7.0 7.1 "Industrialist Abdul Monem passes away". The Daily Star. 2020-06-01. Retrieved 2023-10-02.
- ↑ 8.0 8.1 8.2 Zaheen, Aysha (2021-05-30). "Abdul Monem: "I believe in three principles: loyalty, devotion, and perseverance"". The Daily Star. Retrieved 2023-10-02.
- ↑ "End of a construction moghul's life". 31 May 2020.
- ↑ Parvez, Sohel (2022-06-22). "Padma Bridge a morale booster for local contractors". The Daily Star. Retrieved 2023-07-04.
- ↑ "Local construction firms grow from strength to strength". The Daily Star. 2018-09-30. Retrieved 2023-10-02.
- ↑ "PM inaugurates Mawna Flyover". The Daily Star. 2015-04-11. Retrieved 2023-10-02.
- ↑ "Abdul Monem gets final license for economic zone". The Daily Star. 4 January 2017. Retrieved 5 July 2020.
- ↑ "28 firms set to invest $1.3b in three economic zones". The Business Standard. 2022-07-07. Retrieved 2023-07-04.
- ↑ Al Amin, Mehedi (2018-10-07). "Three companies responsible for two-thirds of single-use plastics". Dhaka Tribune. Retrieved 2023-07-04.
- ↑ "13-km highway expansion: Abdul Momen picked again thru rebid!". The Financial Express. Retrieved 2021-06-24.
- ↑ "Bangladeshi contractor Abdul Momen wins $2bn road upgrade scheme". Global Construction Review. 2021-07-09. Retrieved 2023-07-04.
- ↑ "Abdul Monem, a revered constructor who rose from humble beginnings". bdnews24.com. 2020-06-01. Retrieved 2023-07-04.
- ↑ "Bashundhara cement to be used for Metro Rail, Kalna Bridge projects". Daily-Sun.com. 2019-06-14. Retrieved 2023-07-04.
- ↑ "Renowned Ice cream brands, companies in Bangladesh". unb.com.bd. Retrieved 2021-06-13.
- ↑ "Abdul Monem Ltd and Coca-Cola provide support to flood-affected people". www.dhakatribune.com. 2022-06-23.
- ↑ Ahmed, Zafar (2016-01-04). "Padma Bridge project cost soaring Tk 80 billion over budget". bdnews24.com. Retrieved 2023-07-04.
- ↑ Noyon, Abbas Uddin (2020-12-16). "Padma Bridge shows country's manufacturing might". The Business Standard. Retrieved 2023-07-04.
- ↑ Rahman, Md Arafat (2022-06-18). "The dream Padma Bridge is now the reality". The Asian Age. Retrieved 2023-07-04.
- ↑ Khan, Mithu (2022-09-04). "Padma Bridge Composition - Essay of Padma Bridge". nagorikvoice.com. Retrieved 2023-07-04.
- ↑ 26.0 26.1 26.2 "ServicEngine wins national export trophy for consecutive eighth time". The Daily Star. 2023-04-17. Retrieved 2023-10-02.
- ↑ "Sugar refiners seek policy support". The Daily Star. 2010-05-10. Retrieved 2023-10-02.
- ↑ "Coca-Cola Bangladesh gets new MD". The Daily Star. 2021-09-23. Retrieved 2023-10-02.
- ↑ "Abdul Monem EZ gravitates giant investors". The Business Standard. 2022-02-17. Retrieved 2023-10-02.
External links[edit]
- AML information Archived 2021-05-10 at the Wayback Machine
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