Basumati Agro Introduces New Opportunities in Agribusiness with Swarnobhumi
Basumati Agro officially unveiled its first integrated agribusiness initiative, Swarnobhumi, today (Tuesday). The company has also opened up share ownership opportunities to the general public. Swarnobhumi aims to build a sustainable agro-based business ecosystem by bringing agriculture, livestock, safe food production, farmer development, and social welfare under a single unified plan.
Under this project, four distinct initiatives have been integrated into a single business framework. These includes Livestock Research, Breeding and Marketing Center; Seed Research, Processing and Marketing Center; a luxury resort, and an Islamic Foundation and Agro-Based Social Welfare Center.
The project will be established in Horra, Shailkupa Upazila of Jhenaidah, spanning across approximately 65 bighas of proposed land. Prior to opening share ownership to the public, Basumati Agro completed the purchase of about 15 bighas of land for the first phase, which already includes an existing resort. This means the project is not merely dependent on future plans; rather, it has launched with a tangible foundation built through land acquisition.
Swarnobhumi provides investment opportunities for the public through a Shariah-compliant Musharakah partnership model. Initially, the price of each share has been set at BDT 3,00,000. Partners can gain share ownership without any down payment, via 18 monthly installments of BDT 16,700. Share ownership and partnership in the corresponding land will be determined according to the contract, and legal land ownership will be ensured through Sub-Kabala registration. Under this partnership structure, besides operating the project’s agricultural and farm-based activities, profits earned will be distributed as per the contractual terms.
Additionally, shareholders will enjoy special discounts on milk from farm-reared livestock and farm-cultivated fruits, alongside various resort-centric benefits.
On the occasion of launching the Swarnobhumi project, Engineer Mohammed Al Amin, Group Managing Director of Basumati Group, said, “Swarnobhumi is not just a business project but an initiative to advance sustainable agricultural systems, collective prosperity, and social responsibility altogether. We want to build an initiative based on transparency, actual land ownership, and mutual trust, where the wider community will benefit alongside the partners. Our primary goal is to ensure the long-term well-being of people, improve farmers’ living standards, and build a strong foundation for future generations, rather than focusing solely on financial gain.”
Through Swarnobhumi, Basumati Agro aims to harness the potential of the agriculture and livestock sectors to create an effective business environment while ensuring the active participation of farmers, entrepreneurs, and the general public. With the project’s official inauguration, share ownership opportunities are now open to interested individuals. Investors interested in becoming shareholders in an integrated agro-initiative can join the project by purchasing shares.
