S. Alam Group: Leading The Way Towards A Prosperous And Resilient Future

S. Alam Group is a leading business conglomerate in Bangladesh committed to achieving market leadership and self-reliance in the country’s industrial and commercial sectors. The group values trust, teamwork, innovation, and creativity. With a focus on meeting customer needs and embracing innovation, the group implements modern technology across its industries.

Environmental care is a priority, and the group complies with international standards. Supported by a qualified team, S. Alam Group strives for excellence, using state-of-the-art equipment and technologies. Dedicated to the country’s industrial development and economic growth, the group plays a vital role in driving Bangladesh forward.

At A Glance: S. Alam Group

S. Alam Group: An Example of Diversification & Success

S. Alam Group, with a history spanning over 28 years, is dedicated to promoting self-reliance in Bangladesh through its wide range of quality products and services. The group’s diverse portfolio includes C. I Sheets, Color coated Iron sheets, Cement, Vegetable oil, and more, which contribute significantly to the country’s economic growth and development. With its presence in multiple sectors, S. Alam Group holds a dominant position and enjoys a strong reputation in the market.

The group’s annual turnover exceeds BDT 172.23 Billion (USD 2.21 Billion) with fixed assets projected to reach BDT 222.57 Billion (USD 2.85 Billion) upon completion of ongoing projects. Employing approximately 7,000 people, S. Alam Group is known for its popular and respected companies across various industries.

S. Alam Group has achieved significant milestones, including winning two IPP Coal-fired mega power projects with a capacity of over 1100 MW. Moreover, the group has investments in banking, leasing, insurance, stock broker houses, and merchant banking, further expanding its business interests. Furthermore, it plays a vital role in import substitution, social responsibility, and the overall development of the country.

List of Major Companies of S. Alam Group

S. Alam is a large conglomerate consisting of the following major companies:

• S. Alam Vegetable Oil Limited.
• S. Alam Soya Seed Extraction Plant Ltd.
• S. Alam Super Edible Oil Limited.
• S. Alam Tank Terminal Ltd.
• S. Alam Refined Sugar Industries Ltd.
• S. Alam Refined Sugar Industries Ltd. (Unit-2)
• S. Alam Cement Ltd.
• Portland Cements Ltd.
• S. Alam Steels Ltd.
• Galco Steels (BD) Ltd.
• Galco Steels (BD) Ltd. (Unit-2)
• S. Alam Cold Rolled Steels Ltd.
• S. Alam Cold Rolled Steels Ltd. (Unit-2)
• S. Alam Power Generation Ltd.
• S. Alam Power Plant Ltd.
• S. Alam Power Plant Ltd. (Unit-2)
• Shah Amanat Prakritik Gas Co. Ltd.
• Karnaphuli Prakritik Gas Co. Ltd.
• SS Power 1 Ltd, Gondamara, Baskhali (660 MW Coal Power Plant).
• SS Power 2 Ltd, Gondamara, Baskhali (660 MW Coal Power Plant).
• S. Alam Luxury Chair Coach Services Ltd.
• S. Alam Bag Manufacturing Mills Ltd.
• Bering Sea Lines
• S. Alam Properties Ltd.
• Modern Properties Ltd.
• Hasan Abason (Pvt.) Ltd.
• Marine Empire
• Ocean Resorts Ltd.
• Prasad Paradise Ltd.
• Fatehabad Farm Ltd.
• S. Alam & Company
• S. Alam Trading Co. (Pvt.) Ltd.
• S. Alam Brothers Ltd.
• Sonali Cargo Logistics (Pvt.) Ltd.
• Global Trading Cor. Ltd.
• Sonali Traders
• Islami Bank Bangladesh Limited
• Union Bank Limited
• First Security Islami Bank
• Reliance Brokerage Services Limited
• Al-Arafah Islami Bank Limited
• Bangladesh Commerce Bank Limited
• Aviva Finance (Formerly Reliance Finance)
• Social Islami Bank Limited
• Global Islami Bank (Previously NRB Global Bank Limited)

Future Plans & Strategies of S. Alam Group

Looking ahead, S. Alam Group has outlined its future plans and strategies to ensure sustained growth and expansion. The group aims to list more companies, focusing on investments in various sectors such as steel, cement, vegetable oils, public transport, power industry, and more. They are also establishing new projects, including a hot strip project, a C.R. Coil project, and a power plant.

Furthermore, S. Alam Group plans to venture into the textile sector, establish a shipbuilding company (Evergreen Shipping Limited), and enter the flour industry (Kingston Flour Mills Limited). The group also has significant investments in land properties and intends to embark on real estate projects.

Additionally, S. Alam Group is actively involved in solving the power crisis through joint venture coal-fired thermal power projects. To achieve these plans, the group emphasizes hiring experienced and dynamic personnel to lead in the respective sectors and contribute to the country’s industrialization and employment growth.

Corporate Social Responsibilities (CSR) of S. Alam Group

S. Alam Group places great emphasis on Corporate Social Responsibility (CSR) and actively engages in various initiatives related to human rights, corporate governance, health and safety, environmental conservation, working conditions, and education. The group is dedicated to sustainable development and strives to create economic, social, and environmental benefits for all stakeholders, employees, and the country as a whole.

S. Alam Group promotes educational development through the establishment of S. Alam Collegiate School & College, contributes to socio-economic development, follows international compliance standards, and ensures equal participation of employees across all levels of the organization. Moreover, it also adheres to all the rules and guidelines regarding environmental protection and set up all its plants accordingly as S. Alam Group has always been committed to environmental care.

Conclusion

S. Alam Group has emerged as a prominent business conglomerate in Bangladesh, with a diversified portfolio of industries and a commitment to self-reliance and sustainable development. With a strong track record, future plans for expansion, and a focus on corporate social responsibility, S. Alam Group continues to contribute to the economic growth and prosperity of the country.

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