An engineering company with its eyes on the future, Confidence Group builds the very foundations of an ambitious nation. Evolving from its cement manufacturing roots, the group now comprises six distinct businesses with a combined annual turnover well in excess of $200m.
Taking pride in old-fashioned determination and hard work, the companies of Confidence Group are found at the forefront of engineering with innovative solutions to common challenges. In business for over twentyfive years, Confidence Group has been an early adopter of corporate social responsibility and gained a well-earned reputation for valuing the contribution of all stakeholders to its enduring success.
Recently, the company has welcomed a new crop of bright young engineers, delivered by the country’s most prestigious universities, who are expected to significantly add to Confidence Group’s technical prowess. Confidence Steel, one of the group’s constituent members, is broaching new overseas markets with its high quality galvanised transmission towers and telescopic steel poles that have found clients in Kuwait, Bhutan, and the Maldives.
Building on these first forays into foreign markets, Confidence Group now aims to leverage its accumulated knowhow and expertise to broaden and deepen its reach. The group operates across the full technological spectrum with its Digicon subsidiary becoming one of a select few premier interconnectivity providers in the Bangladesh telecom sector thank to its Tier 1 links with major telecom operators worldwide. Digicon offers an international gateway for both voice and data communication.
The CFI.co judges are hard-pressed to find fault with Confidence Group: the conglomerate has not merely introduced top quality products and services in Bangladesh, it also proactively pursues a corporate policy aimed at furthering the country’s development by locally manufacturing critical hardware that previously needed to be imported from abroad, taxing the country’s treasured foreign reserves. The judging panel is therefore pleased to confer its 2015 Best Engineering Innovation Team