Abu Dhabi-based EQUILINE FINANCE plans $2b investment in Bangladesh
The Government of Bangladesh has consistently undertaken extensive development initiatives to strengthen the country’s capacity across various sectors.
Significant opportunities exist in power, energy, transportation, local government engineering, shipping, aviation, industry and commerce, housing, agriculture, food, healthcare, and many other sectors.
Bangladesh has also demonstrated remarkable capability and success in implementing large-scale infrastructure and development projects.
Furthermore, the country has a proven track record of successfully utilizing and repaying financing received from international development partners in accordance with agreed terms.
Taking these strengths into consideration, EQUILINE FINANCE, an Abu Dhabi-based investment and project financing company, has selected Bangladesh as one of its priority investment destinations.
EQUILINE FINANCE intends to work closely with various ministries, government departments, and public corporations to identify priority projects that are strategically important to the Government of Bangladesh.
After identifying these projects, the company estimates the required financing and conducts internationally recognized feasibility studies.
If a project is found to be technically, commercially, and financially viable, EQUILINE FINANCE works with the relevant authorities to determine the most appropriate investment structure, financing mechanism, and commercial terms, says press release.
Based on the development priorities and plans of the Government of Bangladesh, EQUILINE FINANCE is initially planning to invest between USD 2 billion and USD 3 billion.
The company is prepared to increase this investment commitment further if additional viable and high-impact projects are identified.
EQUILINE FINANCE has significant long-term plans for Bangladesh. With keen interest to work closely with the Government of Bangladesh, and their approach towards it is highly flexible.
They are particularly interested in participating in projects through Government Guarantee, Public-Private Partnership (PPP), and Off-take Agreement frameworks.
At the same time, EQUILINE FINANCE is also interested in financing private sector projects.
Salah Al Nasser, Chairman, Faminas Investment Group, expressed his aspiration to become a long-term partner in Bangladesh’s development and contribute to the country’s sustainable economic growth.
He was accompanied by Ranadil Mizan, Chief Investment officer, Faminas Investment Group.
