Logo S.Alam Group
image:S.Alam Group


Management Progress


Management Past Record & Future Plan

Mohammad Saiful Alam (S. Alam) initiated these processes and he is the founder of the group as well as now the position of Chairman and Managing Director of the Group. He is also Chairman of the First Security Islami Bank Ltd. And Reliance Finance Limited, Director of Northern General Insurance Co. Ltd. Since inception owner group’s dedication in the business was very effective. Initially Mr. S. Alam started trading business under the name & fame S. Alam & Company and subsequently his nearest and dearest capable relatives have interned in the group business and administration. In course of selection of key personnel and executive there have no such reference of nepotism and always took opportune decision not only in employment, but also in business selection. Now the group has been serving by a group of professional (local and foreign) consisting of experienced Engineers, Chartered Accountants, Cost and Management Accounts, M.B.A. Lawyers, HR Professionals. Manpower turnover in the group is negligible for having good and dynamic HR policies in the Group.

In the long journey of the group, the owner and management got vast experience in selective categorized in trading commercially then small scale industries, then medium scale industries and now a days implemented or under process large scale Industries by the efficient, highly qualified, experienced and dynamic management in both side of owners and employment. Management’s experience also brought all of the sectors in the group under one roof soliciting their best efforts.

On consideration of above historical business record nearest to three decades Group’s future Projection maybe summarized as below:

  • As the group has been operating  a public limited company of one heavy industrial project, listed with two stock exchanges, has intension for listing more companies.
  • As the Group’s concentration is to investment in deferent sectors including Steel, Cement, Vegetable Oils, C.R Coil, Soya Seed extraction, Public Transport, Gas Refueling Station, P.P Woven Bags, Shrimp Hatchery, Refined sugar, Agro farms, Power industry based on Coal Power , Natural gas, heavy oil, furnace oil and other fossil energy etc. This operation will be continued to ensure sustain ability of existing projects and develop in the same line by expanding through establishment his backward linkage as well as finding diversified use of the same. On the ground now company has also been working to establish a Hot Strip project either on partnership base or joint venture by spending about twenty two billion BDT (USD 3 Billion) .
  • The management has also establishing 2nd unit C.R Coil Project, Power Plant 6 MW and such will come in to operation very soon.
  • As management found a lucrative avenue of export sector especially in textile sector, company has also a plan to entrance their investment in spinning of Textile Sector.
  • Requirement of carrying of Raw Sugar, H.R Coil, Wheat, Clinker & other material by sea to the factory site, Management has taken initiative to build Ship in the name & fame Evergreen Shipping Limited.
  • As management of S. Alam Group imported huge quantity of Wheat and finding lucrative revenue especially in Flour industry, company has also a plan to entrance their investment in the Flour industry by establishing machinery of modern technology under the name & fame Kingston Flour Mills Limited.
  • The group also owned numbers of huge investment in developed land property usable for Industrial, Commercial and Housing; in this respect the group also has a plan to enter in to real state projects on these land properties.
  • While analyzing the expansion record of the group, It is found that always taken an opportune decision for implementation of new projects having new concept. On that view now has been endeavoring to take a greater part to make solution of the power crisis in the country by implementation of Joint Venture SPV Project with S.Alam Group, Bangladesh; SEPCOIII Electric Construction Corporation (An Estate owned company in China),China and HTG Development Group, China to implement two coal fired thermal power projects totaling gross 1320 MW (660 MW each) Coal Fired Thermal Power Project, Bangladesh at Banshkhali, Chittagong , Bangladesh to supply to Bangladesh Power Development Board (BPDB). The projects are IPP projects (with 25 years contract with Govt.) to be built on BOO basis. Construction of the project has also been progressing with a target schedule.
  • To materialize all of these projection and plan, company must hire concern experience, dynamic, efficient and educated personnel through creation of proper employment to lead in the market of the concern sectors.
  • Industrialization in the country, create more employment skilled, semi skilled and unskilled through proper utilization of country’s assets.


S. Alam Group