Summit Oil & Shipping Co Ltd (SOSCL), a private importer and supplier of fuel oil, received the 'President's Industrial Development Award 2018'.
SOSCL has been honoured with the award in the small industries category for its contribution to the national economy, read a press release today.
The government accords this award to the entrepreneurs every year as acknowledgment to their roles in the industrial development of the country in order to create inspiration.
On receiving the award, SOSCL Director (operations) Salman Khan remarked, "We are grateful for the recognition of SOSCL's ongoing effort to support industries by safe supply and storage of fuel oil in Bangladesh."
SOSCL supplies HFO to 8 power plants in the private sector with a fleet of 22 inland oil tankers having aggregate carrying capacity of 30,000 tonnes and total storage facility of 100,000 tonnes.
One behalf of the President Abdul Hamid, the Industries Minister Nurul Majid Mahmud Humayun MP handed over the awards, the press statement added.
State Minister for Industries Kamal Ahmed Mojumder and FBCCI President Sheikh Fazle Fahim were present as the special guests while Industries Secretary KM Ali Azam presided over the event.