Bangladesh’s HVAC (Heating, Ventilation, and Air Conditioning) industry has reached a new milestone with the introduction of Hisense’s environmentally friendly, energy-efficient, and smart cooling solutions. A landmark agreement was recently signed between Olympia Holdings Limited and Fair Distribution Limited, a concern of Fair Group, to implement a 715-ton capacity Hisense VRF (Variable Refrigerant Flow) Central Air Conditioning System at the prestigious Olympia Plaza shopping mall project in Savar, Dhaka. With the expansion of industrial facilities, commercial centers, and hospitals, the demand for HVAC solutions in Bangladesh is growing at an average annual rate of 10%. Hisense is increasingly becoming a preferred brand in the country, known for its quality, innovation, extended warranties, reliable after-sales service, and overall performance. Recently, Mr. Li Youbo, Global Vice President of Hisense HVAC, Mr. Tony, Overseas Director (ASEAN), and Mr. Allen, Country Manager for Bangladesh, visited the country with an international delegation and were enthusiastic about finalizing the agreement with Olympia Holdings. Mr. Li stated, “Bangladesh is a high-potential market for Hisense HVAC. We are delighted to place special focus on this region. Through our partnership with Fair Distribution, we expect our presence and operations to scale up almost threefold in the near future.” Mr. Mutassim Daiaan, Director of Fair Group, commented, “It is a matter of great pride for us to collaborate with a prestigious organization like Olympia Holdings. Through Hisense VRF technology, we are committed to delivering sustainable and intelligent solutions for Bangladesh’s evolving urban infrastructure.” Also present at the ceremony were Mr. Ruhul Alam Al Mahbub, Chairman of Fair Group, and Mr. Jamil Uddin, Chairman of Olympia Holdings Limited. Mr. Shakil Uddin, Managing Director of Olympia Holdings, stated, “We selected Hisense’s cutting-edge technology not only for its eco-friendly attributes but also for its benchmark-setting energy efficiency. Hisense is a globally renowned brand and an official partner of the FIFA Club World Cup 2025.” The event was also attended by top representatives from both organizations, including: Mr. Mesbah Uddin, CMO, Mr. Rayan Rahman, Head of Business Strategy, Mr. Md. Osman Gani Pavel, Head of HVAC System FDL from Fair Group and from Olympia Holdings Limited Mr. Arif Mohammad, Vice Chairman, and Mr. Mohammad Jabir, CEO, were also present at the ceremony. Fair Distribution Limited was honored with the Hisense HVAC Strategic Partner Award at the Hisense HVAC Global Partner Conference 2024, recognizing its commitment to excellence and growth in the Bangladesh market.
Fair Distribution Limited is the authorized distributor and after-sales service provider for Hisense VRF systems in Bangladesh.
