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That gave a hand to the business
Succeeded there
Abul Qasim Khan, Former Speaker of the Dhaka House
MA Hashem has played an important role in the industrialization of the private sector in the Bangladeshi economy. He has made great contributions not only in manufacturing but also in the banking and non-banking sectors. You have built a good organization. His departure is a great loss for the country and the businessmen.
Starting from scratch, MA Hashem has established himself as one of the leading industrialists in the country with his hard work and talent. He could have taken a calculated risk in the business. However, he did not take care of everything in the business. He left the responsibility of management in the hands of experts and professionals. As we have seen in our own business, not all work can be done manually. Often times when you can’t hire the right people, there are also losses. However, I saw in Mr. MA Hashem’s organization that he used to hire the right people. This is a great skill.
Partex Group is one of the many companies in the country. When MA Hashem brought the mam water to the market, many expressed doubts about its success. Some said who would buy bottled water with money. But he not only bottled the water, he also attached importance to the design of the bottle. Mama’s water is attractive by the design of the bottle and creates quite a stir in the market. Later it brought the RC Cola soft drink to the market. That also captured the market in no time.
Innovative planning and the courage to take risks have made MA Hashem a successful entrepreneur. You have been successful in the business you started. It has shown that good business can also be done in the non-bank sector by creating institutions like IDLC.
