In recent times, MAX Group has observed the circulation of misleading information in several news outlets. These reports, often riddled with inaccuracies, have raised concerns about a potential conspiracy by certain entities, both domestic and international, to unfairly tarnish the reputation of MAX Group, a successful and significant company within the nation.
The spread of this misinformation has had dual detrimental effects. Firstly, it has adversely impacted the business reputation of MAX Group. Secondly, it has led to confusion and uncertainty among the public.
MAX Group’s Firm Stance Against False Reporting
MAX Group strongly condemns the publication of news that lacks factual accuracy and truthfulness. The company is committed to presenting the authentic, truthful, and objective facts to the press and the public.
It is crucial to emphasize that MAX Group is a politically neutral commercial and professional organization.
Since its inception in 1984, MAX Group has consistently operated with a strong emphasis on labor, dedication, and quality maintenance. This commitment is widely acknowledged by domestic and international business entities, international development partners, banking institutions, and relevant engineering professionals.
Key Milestones in MAX Group’s Journey
1985: MAX Group established its first industrial plant in Manikganj, focusing on the production of automobile components, specifically leaf-springs.
1990: The company expanded its manufacturing capabilities by initiating the production of various fittings essential for railway track line construction in Noakhali.
1997: MAX Group entered a significant phase by becoming a sub-contractor for the French company TSO-France in the Jamuna Rail Bridge project, undertaking the crucial task of track installation on the Jamuna Bridge.
2003: MAX Group, in a joint venture with TSO-France, successfully executed two railway projects in Sylhet- Akhaura, secured through international competitive bidding, thereby solidifying its position as a company capable of delivering international-standard rail track installations.
2003-2005: MAX Group independently undertook the Laksam-Noakhali railway track reconstruction project, marking a milestone as the first turnkey project tendered by Bangladesh Railway, secured through an international competitive tender.
2009: Further enhancing its capabilities, MAX Group established a cutting-edge concrete sleeper manufacturing plant in Panchagarh, incorporating advanced technology.
MAX Group’s Capabilities and Competitive Edge
MAX Group’s strength lies in its ability to manufacture a diverse range of railway track components, including track fittings, steel bridge girders, and concrete sleepers, across its multiple factories. This robust manufacturing infrastructure enables MAX Group to be a highly competitive bidder in any international tender.
The Complexities of Infrastructure Development
Infrastructure construction, particularly railway track development, is a specialized field that demands significant experience and expertise. It requires a sustained commitment over time to build the necessary capabilities, something that cannot be achieved in a short period of 2-4 years.
Overcoming Challenges and Achieving Growth
While many companies in the infrastructure sector have faced setbacks and even been forced to close due to a lack of experience, competence, and essential specialized construction equipment, MAX Group has not only overcome these challenges but has also continued to expand. This resilience is attributed to the company’s extensive experience and the possession of the necessary capabilities.
Setting the Record Straight: Addressing Misconceptions
It is important to emphasize that MAX Group’s success is built on competence and merit. However, there have been persistent attempts to tarnish the company’s image through the spread of baseless and false information, leading to the media being misled.
MAX Group’s Project Portfolio: A Track Record of Success
MAX Group has a proven track record of successfully executing significant railway projects, both independently and in collaboration with domestic and international partners, over decades. These projects have been secured through international competitive bidding, a testament to the company’s hard-earned experience and capabilities.
Project Value and Clarifications
To provide accurate information regarding MAX Group’s project involvement, here’s a breakdown:
Total Value of Completed and Ongoing Projects (2008-2024): Approximately 10,513 crore taka (including partners’ shares).
MAX Group’s Share: Approximately 6,378 crore taka.
It is, therefore, completely inaccurate to claim that MAX Group has received 30,000 crore taka worth of work from the railways. Similarly, the claim that MAX Group has secured 60,000 crore taka worth of work in the development sector is also entirely false and misleading.
The Rigorous Process of Project Acquisition
The majority of MAX Group’s projects are funded by internationally recognized development partners. These projects involve a stringent and transparent contractor selection process, characterized by:
Thorough scrutiny by highly technical national and internationally recognized and neutral consultancy firms.
Involvement of employers and development partners.
International competitive bidding.
Adherence to legal procedures.
This rigorous process leaves no room for undue influence or fraudulent activities.
Refuting Unfounded Allegations
In light of the facts, allegations against MAX Group regarding unethical acquisition of work, lack of competence, or securing projects through fraudulent means are completely baseless.
MAX Group’s Contribution to the Railway Sector
Over the past two decades, MAX Group’s involvement in railway projects accounts for approximately 15% of the total work in the railway sector. It is important to note that foreign partners held a significant share in most of the mega-projects undertaken by MAX Group.
All projects undertaken by MAX Group have been secured through competitive tendering processes. Thus, the assertion that MAX Group has executed or received 90% of the railway’s work is entirely false.
Dohazari-Cox’s Bazar Railway Project: Clarifying the Details
Regarding the reported 18,000 crore taka Dohazari-Cox’s Bazar railway project, it is essential to provide accurate details. After excluding land acquisition and other expenses, the construction work was carried out by four companies (two Chinese and two domestic) in two joint ventures:
These joint ventures executed the work through two separate contracts, with a total estimated value of 7,000 crore taka. MAX Group’s share in this project is approximately 2,000 crore taka. Therefore, the claim that the entire 18,000 crore taka project belongs to MAX Group is completely untrue.
Addressing False Associations
Attempts to falsely associate MAX Group with certain politically controversial individuals are completely baseless. MAX Group has never had any connections with these individuals. In fact, these individuals have, at times, subjected MAX Group to harassment.
Facing Political Discrimination
Due to the influence of these individuals and their associates, MAX Group has, in many instances, been denied projects despite being the lowest bidder and receiving approval from the Technical Evaluation Committee. The estimated value of such projects is 4,000 crore taka. This demonstrates the political discrimination that MAX Group has faced. As a result, MAX Group has received only one work order worth 50 crore taka from Bangladesh Railway in the last five years.
Laksam-Chinkiastana Project: Setting the Record Straight
The discussions surrounding the Laksam-Chinkiastana project’s experience and certificate have been inaccurate. Adhering to internationally recognized FIDIC contract rules under joint and several liability, and following thorough verification at each stage by Bangladesh Railway, International Consultant, and Engineer, MAX Group successfully completed 100% of the Laksam-Chinkiastana project. With the full knowledge of the international development partner, MAX Group obtained relevant experience and certificates commensurate with the work. MAX Group possesses written approval or a declaration of validation from the international development partner following an investigation into this matter.
Supporting Domestic Capabilities in Infrastructure Development
In the context of the country’s development, it is commendable to prioritize the development of Bangladeshi companies’ capabilities, reducing reliance on foreign entities for major government projects, including railway projects. MAX Group has successfully completed 100% of project work, yet there are attempts to deliberately tarnish the hard-earned certificates of this domestic contractor. This is not only inaccurate but also detrimental to the progress of domestic companies.
The Importance of Protecting Domestic Contractors
Many countries have mechanisms in place to protect and support their domestic contractors, fostering their growth and capabilities.
MAX Group: A Symbol of Domestic Success
After years of dedication, struggle, talent, and successful project execution, MAX Group has emerged as a capable and strong contractor in Bangladesh’s railway sector. However, this success of a domestic company has triggered envy among some, leading them to spread falsehoods about MAX Group, which ultimately harms the country.
MAX Group’s Financial Integrity and Project Completion
MAX Group maintains a strong record of financial integrity, with no instances of loan defaults. Furthermore, the company has consistently delivered on its commitments, with no instances of abandoning projects or leaving them incomplete.
The Value of Supporting Domestic Companies
When a domestic company makes significant contributions to the country’s infrastructure sector, performs competently, delivers successful projects, supports the livelihoods of thousands of families, contributes to the country’s economic growth, facilitates the retention of funds within the country, creates employment opportunities for domestic engineers and other professionals, ensures the sustainable use of domestic technology, and enhances its capabilities to serve the country, it deserves support and recognition as a responsible citizen.
It is crucial to consider whether it is more beneficial to support such a company or to engage in spreading false and provocative propaganda against it.
Leadership and Vision: Engineer Golam Mohammad Alamgir
Engineer Golam Mohammad Alamgir, Chairman of MAX Group, graduated from BUET in 1978 with a degree in Mechanical Engineering. With extensive experience in jobs and businesses both domestically and internationally, he has dedicated the past 45 years to tireless work. He has built a leading and renowned construction company and a diversified industrial group, providing direct and indirect employment to over 400 engineers and approximately 10,000 officers and employees. By the grace of God, MAX Group supports the livelihoods of approximately fifty thousand people, including families.
MAX Group’s Contribution to the National Economy
MAX Group also contributes significantly to the national treasury, paying an estimated 300-400 crore taka annually in VAT and taxes.
The Importance of Supporting Successful Domestic Companies
Spreading falsehoods against a successful company like MAX Group, instead of supporting it, will not yield any positive outcomes for the country.
A Vision for a Prosperous Bangladesh
MAX Group remains hopeful for a Bangladesh where everyone is committed to activities that are beneficial for the country, its people, and its economic growth.
Conclusion: Refuting Misinformation and Calling for Responsible Journalism
In conclusion, MAX Group categorically denies all rumors and misinformation published in its name and refutes all misleading news reports. MAX Group urges all media outlets to exercise due diligence and refrain from publishing any information or false news without proper verification. [cite: 62]
“The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.” – Winston Churchill
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