Eligibility

IDCOL will lend up to a maximum of 40 percent of the total project cost to private sector sponsored infrastructure projects in Bangladesh that meet the following eligibility criteria:

• Priority: Projects should be an integral part of the GOB's priority plan for the relevant sector/sub-sector.

• Ownership: The project must be majority-owned by the private sector parties. Private sector parties must hold at least 51% of the project's equity and be significantly involved in its management for a period of at least 10 years, or the life of the IDCOL loan, whichever is longer;

• Viability: The sponsors should have a proven track record of successfully developing, financing and operating similar infrastructure projects in countries at a similar level of development in Bangladesh;

• Equity: To ensure sponsor's commitment to the project, equity should represent not less than 20% of the total project cost;

• Technology: The technology proposed for a project should have a successful track record in countries at a similar level of economic and technological development and infrastructure support in Bangladesh;

• Procurement: IDCOL, generally, will finance GOB solicited projects. In those cases where the solicited project satisfies IDA Procurement Guidelines (the Guidelines), the sponsors will be allowed to follow their own procurement processes for downstream purchases. In the case of unsolicited projects, or solicited projects that do not conform to the Guidelines, IDCOL is required to satisfy itself that the "downstream procurement" for the engineering, procurement and construction (EPC) services required to build the facility equipment and/or works that are an integral part of such facility, are made in accordance with the provisions of the Guidelines. In the latter case, IDCOL's loan support will be limited to the value of the "downstream procurement" made following such Guidelines;

• Limited Recourse: Projects should be financially viable on their own with robust and predictable cash flows;

• Environment and Social Framework: Projects should meet GOB and IDCOL environmental and social assessment criteria; and

• Economic Rate of Return: The economic rate of return of the project should be at least 12 percent.

Special Interest

Download Application Form -
pdf format, MS Word format

Form Submition
Application forms can be submitted via e-mail to contact@idcol.org

or send mail to :

Infrastructure Development Company Limited
UTC Building, 16th Floor,
8 Panthapath, Kawran Bazar, Dhaka-1215, Bangladesh
Tel: 9114385, 8111235, 8117526,9143157
Fax: 880-2-8116663