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March 21, 2021
বৈদ্যুতিক গাড়ি প্রকল্পে কাজ করবে রিকার্ডো এইএ ও ইডকল

দেশে বৈদ্যুতিক গাড়ি চালু প্রকল্পে কাজ করবে যুক্তরাজ্যভিত্তিক জ্বালানি ও পরিবেশবিষয়ক পরামর্শক প্রতিষ্ঠান রিকার্ডো-এইএ। আর প্রতিষ্ঠানটিকে এ কাজে সহায়তা করবে অর্থ মন্ত্রণালয়ের আওতাধীন ব্যাংকবহির্ভূত আর্থিক প্রতিষ্ঠান ইনফ্রাস্ট্রাকচার ডেভেলপমেন্ট কোম্পানি লিমিটেড (ইডকল)। প্রতিষ্ঠানটি বলছে, এর মাধ্যমে তারা বাংলাদেশে বৈদ্যুতিক গাড়ি চালু প্রকল্পের অর্থায়নে সহযোগিতা করতে সক্ষম হবে। আর এ প্রকল্পের জন্য যুক্তরাজ্যের গভর্নমেন্ট ডিপার্টমেন্ট ফর বিজনেস, এনার্জি অ্যান্ড ইন্ডাস্ট্রিয়াল স্ট্র্যাটেজির (বিইআইএস) কাছ থেকে অর্থায়ন পেয়েছে রিকার্ডো।এ প্রকল্পের মাধ্যমে ইডকল, রিকার্ডো এবং লাইট কেসেল পার্টনারস এবং পলিসি এক্সচেঞ্জের মতো বাংলাদেশী প্রতিষ্ঠানের বিশেষজ্ঞরা কাজ করবেন। তারা দেশে বৈদ্যুতিক গাড়ি ব্যবসার ক্ষেত্রে অংশগ্রহণমূলক মডেল তৈরি, অর্থায়নের পরিবেশ তৈরিতে ভূমিকা রাখবেন। ইডকল এক্ষেত্রে রিকার্ডোকে এমএসএমই পর্যায়ে চাহিদা ও প্রয়োজনীয়তা মূল্যয়ন জরিপ পরিচালনায় সহযোগিতা করবে। 

March 18, 2021
IDCOL to Support Electric Vehicle Accessibility in Bangladesh

IDCOL is going to support Ricardo-AEA Limited, an UK-based international energy and environmental consulting firm in a project that will enable businesses in Bangladesh to access finance to invest in new electric vehicles. Ricardo has received funding for the project from the UK Government Department for Business, Energy and Industrial Strategy (BEIS) under its UK PACT (Partnering for Accelerated Climate Transitions) Green Recovery Challenge Fund (GRCF).


UK PACT is a capacity building program under the UK’s International Climate Finance portfolio. The GRCF program was set up in January 2020 under which projects in countries across Latin America, Sub-Saharan Africa, and Asia will be supported to accelerate their low-carbon transition.


In this project experts from Ricardo, IDCOL and other Bangladeshi organizations such as LightCastle Partners and Policy Exchange will scope scalable inclusive business models and an enabling financing ecosystem for individual transport providers / SMEs / cooperatives with an aim for electric vehicle uptake in Bangladesh.


IDCOL will support Ricardo in conducting the demands and need assessment surveys among the Micro, Small and Medium Enterprises (MSMEs) and evaluate the current finance options before developing a financing product for banks and financial institutions in Bangladesh. The project will also support organizations in developing business cases and make funding applications to banks.

March 18, 2021
March 10, 2021
বাংলাদেশ ব্যাংকের সঙ্গে এমটিবির অংশগ্রহণমূলক চুক্তি স্বাক্ষর
March 7, 2021
Signing of Participation Agreement with Bangladesh Bank for utilizing Technology Development/ Up-gradation Fund of BDT 1,000 crore for Export Oriented Industrial sectors

Executive Director & CEO of IDCOL, Mr. Mahmood Malik, participated in the signing ceremony held in Bangladesh Bank on 25 Feb 2021 for utilizing ‘Technology Development/ Up-gradation Fund’ of BDT 1,000 crore for Export Oriented Industrial sectors. Under this fund, refinance facility will be extended against disbursement of term loan/investment (in BDT) favoring its client to procure machineries/technologies for the modernization and technological development/up-gradation of export oriented industrial sectors as per SFD Circular No: 02 dated January 17, 2021. Consultancy costs, repair/maintenance expenses and any expenses related to working capital shall not be included under this refinance fund.

February 28, 2021
আইসিএমএবি বেস্ট করপোরেট অ্যাওয়ার্ড ২০১৯ : ইডকল
February 27, 2021
February 27, 2021
46 listed cos win ICMAB Best Corporate Awards

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) has awarded 46 listed companies, along with two non-listed government banks, one non listed specialized financial institution and four nongovernmental organizations (NGO), for their performance and role in 2019.

Commerce Minister Tipu Munshi, as the chief guest of the event, handed over the awards to the winners at a city hotel on Thursday evening.

ICMAB President Md Jasim Uddin Akond presided over the program. Bangladesh Securities and Exchange Commission (BSEC) chairman Professor Shibli Rubayat-Ul-Islam, Commerce Secretary Dr Md Jafar Uddin and South Asian Federation of Accountants (SAFA) President A K M Delwer Hussain also spoke on the occasion as special guests. ICMAB corporate Award committee chairman Md Abdul Aziz FCMA, Vice Chairman Md Mamunur Rashid FCMA and ICMAB secretary Md Munirul Islam FCMA also spoke the program.

The annual 'Best Corporate Award', which the ICMAB started in 2007, is given based on the review of the contestant entities' corporate governance and other qualitative and quantitative information published in respective annual reports.

The 15 award categories were Nationalized Commercial Bank, Private Commercial Bank, Private Commercial Bank (Islamic Operation), non-bank financial institution, general insurance, Life Insurance, Pharmaceuticals, Cement, Textile, multinational company, Others Manufacturing, Power Generation, NGO, Agro and Food Processing and Trading & Assembly.

In the state owned commercial bank category Rupali Bank won the gold award, while Sonali Bank and Agrani Bank jointly won silver award.

In the Private Commercial Bank Category 1st (gold) BRAC Bank Limited, 2nd (silver) Eastern Bank Limited and 3rd (bronze) Dutch-Bangla Bank Limited.

In the Private Commercial Bank (Islamic Operation) Category 1st (gold) Islami Bank Bangladesh Limited, 2nd (silver) Shahjalal Islami Bank Limited and jointly 3rd (bronze) Social Islami Bank Limited and First Security Islami Bank Ltd.

In non-bank financial institution Category 1st (gold) IDLC Finance Limited, 2nd (silver) IPDC Finance Limited and 3rd (bronze) Infrastructure Development Company Limited.

In general insurance Category 1st (gold) Green Delta Insurance Company Limited, jointly 2nd (silver) Nitol Insurance Co. Ltd. & Reliance Insurance Limited and 3rd (bronze) Provati Insurance Company Limited.

In Life Insurance Category jointly 1st (gold) Pragati Life Insurance Co. Ltd. & Popular Life Insurance Co. Ltd, 2nd (silver) Meghna Life Insurance Co. Ltd and 3rd (bronze) Sandhani Life Insurance Company Ltd.

In Pharmaceuticals Manufacturing Category 1st (gold) Square Pharmaceuticals Ltd., 2nd (silver) Renata Limited and jointly 3rd (bronze) Beximco Pharmaceuticals Limited & Orion Pharma Ltd.

In Cement Manufacturing Category 1st (gold) Premier Cement Mills Limited, 2nd (silver) M.I. Cement Factory Limited and 3rd (bronze) LafargeHolcim Bangladesh Limited.

In Textile Manufacturing Category 1st (gold) Paramount Textile Limited, 2nd (silver) Square Textile Ltd and 3rd (bronze) Envoy Textiles Limited.

In MNC Manufacturing Category 1st (gold) British American Tobacco Bangladesh Company Ltd, jointly 2nd (silver) Linde Bangladesh Limited & Marico Bangladesh Limited and 3rd (bronze) Berger Paints Bangladesh Ltd.

In Others Manufacturing Category 1st (gold) Bangladesh Steel Re-Rolling Mills Ltd., 2nd (silver) RAK Ceramics (Bangladesh) Limited and 3rd (bronze) BBS Cables Ltd.

In Power Generation Category 1st (gold) Summit Power Limited, 2nd (silver) Dhaka Electric Supply Company Ltd. and jointly 3rd (bronze) Doreen Power Generations and Systems Ltd. & Baraka Power Limited.

In NGO Category 1st (gold) BRAC, 2nd (silver) Social Development Foundation (SDF) and jointly 3rd (bronze) Ghashful & Dhaka Ahsania Mission.

In Agro and Food Processing Category 1st (gold) Golden Harvest Agro Industries Ltd., 2nd (silver) Olympic Industries Ltd and 3rd (bronze) National Tea Company Ltd.

In Trading & Assembly Category jointly 1st (gold) Padma Oil Company Limited & Meghna Petroleum Limited, 2nd (silver) Information Technology Consultants Limited and 3rd (bronze) Navana CNG Limited.

Over hundred contestant entities under 15 categories, the 'ICMAB Best Corporate Award 2019' jury board-consisting former Bangladesh Bank Governor Dr Atiur Rahman, BUET Vice Chancellor Dr Satya Prasad Majumder, veteran Banker Anis A Khan-selected the winners.

February 25, 2021
IDCOL received "ICMAB Best Corporate Awards 2019" in the category of NBFI

Infrastructure Development Company Ltd. (IDCOL) has been awarded ICMAB Best Corporate Award-2019 under “Non-Bank Financial Institution (NBFI)” category. Mr. Tipu Munshi, MP, Honorable Minister, Ministery of Commerce, Government of People’s Republic of Bangladesh handed over the award to Mr. Jabed Emran, Chief Risk Officer, IDCOL in an award giving ceremony held at capital’s Hotel Radisson Blu Dhaka Water Garden on 25 February 2021.


The award was given based on the publicly disclosed information in the Annual Report for the FY 2019 as well as other performance indicators including capital adequacy, asset quality, earning quality, profitability, management efficiency, liquidity and funding, performance with respect to shareholders, external credit rating, business growth, financial inclusion, sustainable finance, corporate social responsibility, corporate governance, contribution to the national exchequer, regulatory compliance etc. This year, ICMAB Best Corporate Award has been given to the best corporate houses including banks, financial institutions, insurance, pharmaceuticals, cement, textile, manufacturing, power generation, NGO, agro and food processing and trading & assembly companies as a recognition to their performances in the respective fields.


Mr. A. K. M. Delwer Hussain, FCMA, President, South Asian Federation of Accountants (SAFA), Mr. Sheikh Fazle Fahim, President, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), Dr. Md. Jafar Uddin, Secretary, Ministry of Commerce, Government of People’s Republic of Bangladesh, and Prof. Shibli Rubayat Ul Islam, Chairman, Bangladesh Securities and Exchange Commission were present at the award giving ceremony as special guests.

February 19, 2021
IDCOL Receives Top Taxpayer Award

Infrastructure Development Company Ltd. (IDCOL) has been awarded the Highest Income Taxpayer Award for the Assessment Year 2019-2020 under the category of Non-Bank Financial Institutions by the National Board of Revenue (NBR), says a press release.

The NBR also presented Tax Cards in favour of Fatima Yasmin, Chairman, IDCOL, and Mahmood Malik, Executive Director & CEO, IDCOL.

Golam Dastagir Gazi (Birpratik), Minister for Textiles and Jute, handed over the award and Tax Cards to S. M. Monirul Islam, Deputy CEO & CFO, IDCOL, at the award-giving ceremony organised by the Large Taxpayers Unit (LTU) of NBR.

February 11, 2021
IDCOL receives Highest Income Taxpayer Award
February 11, 2021
সর্বোচ্চ করদাতার পুরস্কার পেল ইডকল
February 11, 2021
IDCOL has been awarded the Highest Income Tax Payer Award for the Assessment Year 2019-2020 under the category of Non-Bank Financial Institution by The National Board of Revenue (NBR)

IDCOL has been awarded the Highest Income Tax Payer Award for the Assessment Year 2019-2020 under the category of Non-Bank Financial Institution by The National Board of Revenue (NBR). NBR also presented Tax Cards in favour of Ms. Fatima Yasmin, Chairman, IDCOL & Mr. Mahmood Malik, Executive Director & CEO, IDCOL.

Mr. Golam Dastagir Gazi (Birpatik), MP, Hon’ble Minister, Ministry of Textiles and Jute, Government of the People’s Republic of Bangladesh, handed over the Award and the Tax Cards to Mr. S. M. Monirul Islam, Deputy CEO & CFO, IDCOL today at the award-giving ceremony organized by the Large Taxpayers Unit (LTU) of NBR.

February 5, 2021
জ্বালানির দক্ষ ব্যবহারের জন্য ইডকলকে সরাসরি বিনিয়োগের পরামর্শ
February 5, 2021
জ্বালানি সাশ্রয়ী করতে অ্যাওয়ার্ড চালু করা যেতে পারে: জ্বালানি উপদেষ্টা
February 4, 2021
IDCOL Webinar: Industrial Energy Efficiency Dialogue