Bangladesh Machine Tools Factory Ltd is a state owned Limited Company under the management of Bangladesh Army. It is one of the largest company enterprise in Bangladesh. To accelerate the industrialization of the then East Pakistan, the factory started its journey in 1969. After the independence, the factory was inaugurated on 11th February 1979. Due to various set back the factory was closed down in 1994. After about six years, Honourable Prime Minister of the Peoples’ Republic of Bangladesh, Sheikh Hasina officially handed over the factory to Bangladesh Army on 27 July 2000.