Infrastructure Develop-ment Company Limited (IDCOL) and Pretty Auto Bricks Limited (PABL) signed a Tk 337.67 million 'Term Loan Facility' agreement to set up an automatic brick manufacturing project at Kapashiya, Gazipur.
Executive director & CEO of IDCOL Mahmood Malik and Chairman of PABL Mohammad Ali Talukder inked the deal on behalf of their respective organisations at a city hotel on Monday, said a press statement.
This is the second project under IDCOL's endeavour to promote energy efficient technology and reduce pollution in brick manufacturing sector.
It may be mentioned that IDCOL has a plan to invest Tk 4.0 billion to ensure the efficient transition to environment friendly technology from the primitive polluting ones in the brick manufacturing sector.
Automatic brick manufacturing project to be set up in Gazipur
FE Team | Published: February 05, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
Executive director & CEO of IDCOL Mahmood Malik and Chairman of PABL Mohammad Ali Talukder exchanging documents after signing the agreement on behalf of their respective organisations at a city hotel on Monday.
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