MTI strategizes Africa entry for Bangladesh’s top conglomerate

Share Article


 

With diversified interests in retailing, education, sports franchises, engineering, F&B

MTI facilitates Bangladesh’s leading business conglomerate, The Gemcon Group, to explore Ethiopia (with the rest of Africa to follow) for the mainstream infrastructure and engineering business – Gemcon Limited. Via MTI’s Associate in Ethiopia, a recent Gemcon delegation visited Addis Ababa.

Gemcon Limited is the first and largest manufacturer of Spun Pre-stressed Concrete (SPC) Poles in Bangladesh. Since its formation in 1980, Gemcon Limited has made it possible for both urban and rural areas of Bangladesh to benefit from electricity distribution. The company now has decided to expand their operations beyond Bangladesh and has enlisted MTI Consulting to assist their entry to the electricity distribution market of Africa.

Ethiopia, the 2nd fastest growing economy in Africa, was selected as a starting point for market entry and via MTI’s Associate in Ethiopia – BCaD Consulting, a delegation from Gemcon Limited recently completed a successful visit to the capital of Addis Ababa. During the trip, the delegation from Bangladesh was also able to visit an Ethiopian SPC manufacturing plant.

BCaD Consulting Management has been operating for two decades and carries out a wide range of business support activities through high caliber multidisciplinary professionals in various fields – using both custom made models as well as internationally anchored ones for facilitating enterprise competitiveness. In addition to local organizations, BCaD Consulting has worked with a large number of leading multilateral organizations/donor agencies such as the World Bank, ILO, USAID, Oxfam, SNV, GIZ, etc. on multiple projects in areas such as entrepreneurship/micro enterprise development, capacity development training, financial education, etc.

MTI Consulting is an internationally-networked boutique management consultancy, offering advisory services in strategy, strategic planning, corporate re-structuring, process re-engineering, performance management, international market entry, feasibility studies, due diligence, corporate finance, mergers and acquisitions, HR, executive search/head hunting, marketing strategy, branding and market research. Since its inception in 1997, MTI has worked on over 650 assignments in 43 countries, covering a diverse range of industries, clients and business challenges.

Photo From left: Gemcon Group Executive Director Dr. Kazi Anis Ahmed, MTI CEO Hilmy Cader, MTI Senior International Consultant Darshan Singh and MTI Associate in Ethiopia and BCaD Consulting CEO Afework Y. Germamo 

Related Posts

Bank of Bhutan commends MTI for India Entry Strategy
MTI strategically re-assessing 5 Ethiopian SOEs
Lazard Asia, MTI Consulting to be appointed transaction advisor to sell Hilton and Grand Hyatt hotel