Bridge

Bangladesh events

Posted

October 2021

Country

Bangladesh

Building the local capital market and bridging the infrastructure financing gap in Bangladesh

Over the past years, GuarantCo has been closely working with the Dhaka Chamber of Commerce & Industry (DCCI) and the Government of Bangladesh to help build the local capital market and bridge the infrastructure financing gap in the country.

GuarantCo, with Private Infrastructure Development Group (PIDG) Technical Assistance funding, commissioned a study on the Bangladesh Bond Market. The findings of the Bond Study supported stakeholders to focus their efforts on the developing debt capital as an effective source of financing infrastructure projects through a mix of measures including policy changes, awareness generation and introduction of financial products to mitigate potential risk for investors. The findings of the study were shared at a conference organised by GuarantCo and the DCCI in April 2019. More information.

In October 2021, GuarantCo, the Ministry of Commerce and the DCCI hosted a webinar on ‘Bridging the infrastructure financing gap through credit solutions in Bangladesh’ as part of the international Bangladesh Trade & Investment Summit 2021 which was attended by Her Excellency Sheikh Hasina, Honourable Prime Minister, Government of the People’s Republic of Bangladesh.

The webinar demonstrated why long-term, local currency infrastructure financing is crucial for Bangladesh, the importance of crowding-in institutional capital and how credit enhancement programmes can be successfully implemented to help achieve infrastructural growth illustrated by GuarantCo examples Technaf and PRAN Agro. GuarantCo looks forward to building the replicability and acceptability of similar financing structures for new and sustainable infrastructure in Bangladesh to benefit the local economy and its people. View the webinar here.