IIDFC to raise fund for B2L
Thursday, 13 May 2010
The Industrial and Infrastructure Development Finance Company Limited (IIDFC) will arrange syndicated loan amounting to Tk 142.50 million for Bricks 2010 Limited (B2L), a private limited company, to set up an automatic brick producing plant.
In this connection, a memorandum of understanding (MoU) was signed between the two organisations in the city recently, said a press release.
Chairman and Managing Director of the B2L Nina Shaheen Chowdhury and Managing Director of the IIDFC Limited Md Asaduzzaman Khan signed the agreement on behalf of their respective organisations in the city recently.
The plant will be set up at Mirzapur in Tangail with a production capacity of 100,000 bricks per day.
In this connection, a memorandum of understanding (MoU) was signed between the two organisations in the city recently, said a press release.
Chairman and Managing Director of the B2L Nina Shaheen Chowdhury and Managing Director of the IIDFC Limited Md Asaduzzaman Khan signed the agreement on behalf of their respective organisations in the city recently.
The plant will be set up at Mirzapur in Tangail with a production capacity of 100,000 bricks per day.