History & Heritage

Over 120 years of industrial enterprise — from a single shipyard in Dhaka to a multinational group.

Home 9 About 9 History & Heritage

A History Built Over 120 Years

The Nascorp group's history spans more than 120 years, beginning with shipbuilding and shipbreaking operations in Dhaka in 1902 and progressing through successive expansions into fisheries, logistics, construction, manufacturing, and government consultancy before crossing borders in 1999 and rationalising into the current group structure in 2020.

Key Milestones

1902
Founded in Dhaka; shipbuilding and shipbreaking operations established — the origin of what is today Nascorp Industries Bangladesh Ltd.
1940s

Expansion into fisheries, including the licensing of marine fishing zones. Foundations of today's fisheries export operation.

1970s

Entry into inland shipping and logistics — broadening the maritime base built over the preceding decades.

1970s-1980s

Expansion into construction across both real estate and infrastructure, a natural extension of the group's shipbuilding base.

1980s

Entry into textile manufacturing.

Late 20th Century

Food processing operations established progressively through the late 20th century.

1990s

Expansion into chemical manufacturing; real estate development formalised as a distinct line; government consultancy practice established.
1999

1999

First overseas operations established in Thailand and Malaysia — beginning the multi-country footprint that defines Nascorp today.

2020

Group restructuring: current parent entity incorporated in Thailand; four current subsidiaries incorporated across Thailand, Malaysia, and Bangladesh.

Present

Group operates across four countries through five entities, with seven active business lines.

The Full Story

The group was founded in 1902 in Dhaka in shipbuilding and shipbreaking — the operating origin of what is today Nascorp Industries Bangladesh Ltd. By the 1940s, the group had expanded into fisheries. In the 1970s, inland shipping and logistics entered the portfolio.

Construction emerged in the 1970s and 1980s as a natural extension of the group's shipbuilding heritage. By the 1980s, the group had entered textile manufacturing, with food processing established through the late 20th century.

The 1990s brought chemical manufacturing, real estate development as a distinct line, and the formalisation of government consultancy. In 1999, the group crossed its first borders into Thailand and Malaysia. In 2020, a group restructuring incorporated the current legal structure.

Built by Generations

The Nascorp group has been led across multiple generations since its founding in 1902. Founder and generational leadership profiles are being researched for publication.