International Beverages Private, a subsidiary of The Coca-Cola Company, recently won the National Productivity and Quality Excellence Award 2020 in the food sub-category under large industry.
Every year, the National Productivity Organisation, under the Ministry of Industry, gives out the award to organisations and companies that contribute to the economy through creating employment opportunities and promoting technological innovations.
This year, Industries Minister Nurul Majid Mahmud Humayun handed out the award to 26 firms in five categories and the "Institutional Appreciation Award 2020" to one trade body as recognition of their contribution to the industrial sector.
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Tapas Kumar Mondal, managing director of International Beverages Private, said: "As a 100 percent foreign direct investment, we have been investing in Bangladesh and creating multi-faceted economic inclusion through sustainable practices, job opportunities, and youth skill development."
"We are delighted that our contribution has been recognised, and it will encourage us to do more for the society and the country."
Marcelo Boffi, president of The Coca-Cola Company's Bottling Investments Group, said: "We work with our supply chain to continuously improve sustainable and ethical sourcing practices, including a continued commitment to human rights. I am glad that all our initiatives and values are appreciated and recognised at the national level in Bangladesh."