KHAZA LTD. BUSINESS DESCRIPTION AND MISSION VISION

Bangladesh’s electrical cable manufacturing industry has come a long way in the last two decades. Now, most parts of our country have access to electricity, which has created the ideal situation for the Bangladeshi electrical cable or wire industry to blossom. Not that long ago, we were completely import-dependent on this particular product. Still, in recent years that scenario has dramatically changed. Today we are witnessing a 15 to 20 per cent growth in this sector every year. Despite the pandemic, our demand for locally manufactured electrical cable was never put on hold. Thanks to the mega projects and continuous structural developments taking place throughout the country. We are currently looking at a fiscal 100 billion-to-120-billion-taka electric cable market and studies indicating a sharp rise in this sector in the coming years.

BACK GROUND OF THE COMPANY:

Khaza Mosaic Tiles & Stone Industries Ltd. has been established in Dhaka Bangladesh at 2000 under the companies Act 1994, as a public Limited Company incorporation number C-39967(1935)/2000 and listed in Chittsgong Stock Exchange in 2003. It has been established for manufacturing, marketing & selling of high-quality Marble and Granite products for luxurious construction but due to unavoidable circumstances the sponsors of the company failed to run the business and under the Bangladesh Securities Exchange Commission (BSEC) guideline the new Board of Directors has constituted and taken over the management of the company. According to a letter from the BSEC reference: SEC/SRMIC/2021-205/02 and dated February 02, 2023, a new Board of Directors was formed. Considering the existing facilities and the establishment of the company, the Board has decided to change the business type to electric cable and accessories business.

VISION:

To become the most valuable brand in the quality Electric cable manufacturing and accessories products segment with a slogan “Reliable, safe and efficient power solutions” in Bangladesh creating long-lasting value for all our stakeholders by delivering sustainable growth.

MISSION:

KMTSIL mission is to envisage continuous product improvement resulting benefit to the customer. The focus is not only on supplying customers with Electric cable manufacturing and accessories products but also to provide a complete solution to any such problem.