Trade
5 years ago

IDCOL, IDLC to raise Tk 5025m for Sirajganj Economic Zone

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Infrastructure Development Company Limited (IDCOL) and IDLC Finance Limited (IDLC) have been mandated to raise Tk 5025 million term loan for the development of the first phase of the Sirajganj Economic Zone (SEZ) to be implemented by a consortium of 11 reputed business conglomerates.

A deal in this regard has recently been signed at the corporate head office of IDLC in the capital, said a media release received Thursday.

Mahmood Malik, Executive Director and CEO of IDCOL, Arif Khan, CEO and Managing Director of IDLC, and Mahmud Hasan Khan, Vice Chairman of SEZ signed the term sheet on behalf of their respective organisations.

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