Olympic Industries PLC, the country’s largest biscuit manufacturer, has signed a loan agreement worth Tk50 crore to finance the expansion of its production facilities.
The agreement was signed on 14 September 2025 at Amin Court, Motijheel, Dhaka, between Olympic Industries PLC and Bangladesh Infrastructure Finance Fund Limited (BIFFL), which is funded by the Japan International Cooperation Agency (Jica), under the Food Value Chain Improvement Project (FVCIP).
According to a price-sensitive disclosure filed with the Dhaka Stock Exchange today (15 September), the term loan facility will be used for the BMRE (Balancing, Modernisation, Rehabilitation and Expansion) of the company’s existing processing units. The project sites are located at Unit 1 in Lolati, Kanchpur, Sonargaon, Narayanganj, and Unit 2 in Madanpur, Bandar, Narayanganj.
The expansion aims to strengthen Olympic’s production capacity to meet the rising demand in the local market while also enhancing its competitiveness in the regional food industry, according to Olympic Industries.
Source: The Business Standard
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