Sheltech Group, one of Bangladesh’s leading industrial conglomerates, has announced a new investment plan worth Tk 1,504 crore across agriculture processing, real estate, textiles, manufacturing, and renewable energy sectors. The company stated that the initiative could create around 45,000 new jobs, largely through contract farming. The announcement was made on July 7, 2026.

Founded in 1988, Sheltech Group operates in real estate, construction, tiles, electrical poles, agriculture, garments, textiles, and hospitality. The group said the new investments will support industrialization, export growth, employment, and sustainable economic development. Funding will come from internal resources, joint ventures, bank loans, and foreign financing. Managing Director Tanvir Ahmed said the expansion responds to growing global demand for Bangladeshi products.

The plan includes Tk 400 crore already invested in a Spain-Bangladesh agro joint venture in Parbatipur, Tk 575 crore for a 17-story green shopping complex in Banasree, Tk 85 crore in abrasive paper production in Sylhet, and Tk 179 crore to expand blended yarn capacity. Sheltech also plans to install 10 MW of solar power. The group expects annual turnover to rise from Tk 6,700 crore to Tk 9,200 crore by 2030.