Bangladesh Infrastructure Finance Fund Limited () is a

Bangladesh government The government of the People's Republic of Bangladesh () is the central government of Bangladesh. The government was constituted by the Constitution of Bangladesh comprising the executive (the president, prime minister and cabinet), the le ...

owned non-bank financial institution with the purpose of encouraging investment in the infrastructure in Bangladesh. Bangladesh Infrastructure Finance Fund Limited and Infrastructure Development Company Limited are two government owned financial institutions responsible for financing infrastructure development in Bangladesh.

History

Bangladesh Infrastructure Finance Fund Limited was established in 2011 with the

Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...

being a shareholder. It was created with the aim to invest in large infrastructure projects like power plants, roads, ports, etc. On 11 March 2011, the company was incorporated with a paid up capital of 16 billion taka and obtained its license on 16 October from

Bangladesh Bank Bangladesh Bank (BB; ) is the central bank of Bangladesh and is a member of the Asian Clearing Union. It is fully owned by the Bangladesh, Government of Bangladesh. The bank is active in developing green banking. and financial inclusion poli ...

. Its first loan for an energy company was to Sinha People's Energy Limited. Its first financing of an economic zone was a loan to Srihatta Economic Zone. It loaned 3.65 billion taka to

Bangladesh Economic Zones Authority The Bangladesh Economic Zones Authority or BEZA () is an agency of the government of Bangladesh tasked with developing special economic zone, special economic zones. History The Bangladesh Economic Zones Act of 2010 created the Bangladesh Econ ...

for the development of Srihatta Economic Zone in Sylhet. Bangladesh Infrastructure Finance Fund Limited provides funding for Public-private partnerships in Bangladesh. It had provided 21 billion taka financing to 26 Public-private partnership projects by 2017.

References

Organisations based in Dhaka Government-owned companies of Bangladesh Bangladeshi companies established in 2011 {{Bangladesh-org-stub