In a significant move poised to enhance industrial stability and boost investor confidence, LafargeHolcim Bangladesh PLC has signed a crucial 10-year gas supply agreement with Jalalabad Gas Transmission and Distribution System Limited (JGTDSL). This long-term deal is a positive development for Bangladesh’s industrial landscape, especially for critical sectors like cement manufacturing, which heavily rely on a steady energy supply. The agreement, which becomes effective from January 18, 2026, ensures a consistent supply of 16 million cubic feet of gas per day to LafargeHolcim’s integrated cement plant in Chhatak, Sunamganj. This vital energy source will fuel both their industrial operations and captive power generation, guaranteeing uninterrupted production of world-class cement that is essential for Bangladeshโs ongoing infrastructure development. This new gas deal carries particular importance as it successfully resolves a long-standing dispute between LafargeHolcim and Jalalabad Gas regarding gas pricing and supply terms. The resolution of such a complex issue through mutual agreement highlights the governmentโs commitment to fostering a predictable and supportive environment for major industries and foreign investors. Participation from senior government officials, such as the Adviser to the Ministry of Power, Energy and Mineral Resources, along with the Executive Chairman of the Bangladesh Investment Development Authority (BIDA), in the signing ceremony underscores the national significance of this agreement. For LafargeHolcim Bangladesh, a key player in the country’s building materials sector, this 10-year contract provides much-needed energy security. Reliable access to natural gas is fundamental for their operations, allowing the company to plan for future investments and maintain its production capacity without fear of energy disruptions. This stability is crucial for their business growth and for ensuring the continuous supply of cement to construction projects across the nation. Beyond the immediate benefits to LafargeHolcim, this agreement sends a powerful positive signal to other existing and potential investors, both local and international. It demonstrates that Bangladesh is dedicated to resolving industrial challenges and ensuring energy security for its key industries. Such long-term commitments contribute significantly to creating a conducive investment climate, encouraging businesses to expand and new ones to enter the market. In the end, the recent gas agreement signed by LafargeHolcim Bangladesh and Jalalabad Gas highlights the teamwork focused on reinforcing the industrial foundation of Bangladesh. It is a constructive development that promises to support continued economic growth, foster a stable energy sector, and enhance the nation’s appeal as a reliable destination for significant industrial investments.
