Walton brand enters into Iraqi market

Bangladesh’s electronics giant Walton has commenced exports of television and washing machine under its own brand logo to the Iraqi market, an another milestone towards achieving its vision ‘Go Global-2030’ that means becoming one of the best global electronics brand by 2030. Walton authorities made this export announcement at a programme held at Walton Hi-Tech Industries PLC’s Headquarter on Monday last (February 28, 2022). During his visit to Walton factory, Iraqi Head of Mission in Dhaka Abdulsalam Saddam Mohaisen inaugurated the exports of Walton brand TV and washing machine to Iraq. Along with him, Iraqi Deputy Head of Mission in Dhaka Mohanad Al Darraji was also present. Walton’s International Business Unit (IBU) officials informed that a renowned Iraqi company named ‘Noor Ishtar’ joined hands with Walton as a business partner to sale and market Walton TV and washing machine in the Iraqi market. The Iraqi delegation was welcomed at Walton factory with flower bouquet by Walton Hi-Tech Industries higher officials, including Deputy Managing Director Md. Humayun Kabir and Alamgir Alam Sarker, IBU Presient Edward Kim, Senior Executive Directors Col. (Retd.) S M Shahadat Alam, Yusuf Ali and Walton TV’s Chief Business Officer Engineer Mostafa Nahid Hossain and IBU’s Vice-President Syed Al Imran. The delegation enjoyed a corporate video documentary on Walton at the headquarter conference room and then they visited Walton’s well-decorated products display center as well as some production units, including refrigerator, television and washing machine. While expressing his reaction at the briefing, Iraqi Head of Mission Abdulsalam Saddam Mohaisen said, “We are very pleased visiting Walton factory. You (Walton) are encouraging bilateral business through exports to Iraq. In future, I will see more exports from Walton.” He also noted that they are trying to establish business console between Iraq and Bangladesh aimed to facilitate bilateral trade and investment. Iraqi Deputy Head of Mission in Dhaka Mohanad Al Darraji said, ‘Walton is very good and big factory. They installed advance technologies machinery in the manufacturing plants. Walton are exporting electronics products to the European countries. We will support Walton to increase its export volume to Iraq.’ Walton IBU President Edward Kim said, ‘We are moving ahead with a vision of becoming a global leader in the electronics industry. To reach the vision, Walton emphasized on expanding its brand presence in the global market. As a part of this, today Walton launched first-ever export of TV and washing machine under its brand logo to Iraq. In future, we are planning to set up Walton own manufacturing base in Iraq in collaboration with our Iraqi business partner.