Business scheme (Bonded Warehouse)
In the middle of 2025, NICCA BANGLADESH CO., LTD. operation will start from purchasing final chemical products under bond license from other NICCA global sites, such as Indonesia, India and Japan, after having the stock of those chemical products, those will be sold to customers in Bangladesh who have bond license and export garments to other countries. NICCA BANGLADESH CO., LTD. will establish a Bonded Warehousing facility for acquiring, storing, packing, transporting, distributing, selling, importing, and exporting textile chemicals as well as to do business with direct exporters and deemed exporters.
Overall, the establishment of a bonded warehousing facility by NICCA BANGLADESH CO., LTD. can have a positive impact on the export sector in Bangladesh. By providing direct and deemed exporters access to bonded warehousing, NICCA BANGLADESH CO., LTD. can help reduce import time and enhance export competitiveness.
Business scheme (Manufacturing)
In 2026, NICCA BANGLADESH CO., LTD. will start manufacturing textile chemical products in Bangladesh in the same location in BSEZ. On top of selling chemical products which purchased and imported from other NICCA sites, the manufactured chemical products will be also sold to customers in Bangladesh who have bond licenses and export garments to other countries.
The company will engage in manufacturing chemicals (mixing of chemicals) related to the textile and garment industries by establishing a chemical factory. Establishing a chemical factory to produce chemicals (mixing) for the textile and garment industries can be a viable business venture in Bangladesh. The country's strong textile and garment export sector provides a steady demand for these chemicals, and there is an opportunity to capture a share of this market by offering high-quality products at competitive prices.
NICCA BANGLADESH CO., LTD. will start a business in Bangladesh by establishing a bonded warehouse facility after this it will set up a chemical factory for manufacturing textile chemicals. In the long run, NICCA will continue the bonded warehouse and manufacturing unit.
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________________Kotaro Takeuchi Managing Director NICCA BANGLADESH CO., LTD.