Finance Minister Abul Maal Abdul Muhith has inaugurated the Compressor Plant of country’s leading electrical, electronics, ICT and home appliances manufacturing and marketing company Walton.

The Minister officially inaugurated the Walton Compressor Plant at the Walton Hi-Tech Industries Ltd. premises at Chandra of Gazipur on Thursday (April 6) morning.

With the inauguration of the plant, Bangladesh has emerged as the 15th compressor production country in the world while 8th in Asia.

Walton authorities said the annual production of the plant will be 4 million pieces. After meeting local demand, 2.5 million pieces high standard world class compressors will be exported to international market.

Earlier in the morning, the Finance Minister reached at Walton Hi-Tech Industries Ltd. & Micro-Tech Corporation premises. Vice-Chairman to Walton Group S.M. Nurul Alam Rezvi welcomed him with bouquet.

Directors to Walton Group S.M. Rezaul Alam, S.M. Shamsul Alam, S.M. Ashraful Alam, S.M. Monjurul Alam, Tahmina Afrose and Raisa Sigma Hima, BASIS President Mustafa Jabbar were present on the occasion.