(A Company under Ministry of Finance for Financing PPP Infrastructure Projects)
PPP Pilot Projects
Name of the Project: Establishment of a Haemodialysis Center at a Public Sector Health Facilities (x2 projects)
Sector/Line Ministry: Health/Ministry of Health & Family Affairs
Roads & Highway
Railways
Solar Power
Oil Refinery
Electricity
Tourism
Irrigation & Agricultural
Health & Education
Telecommunication System
Mass-Transit
Bangladesh Infrastructure Finance Fund Limited (BIFFL)
Bangladesh Infrastructure Finance Fund Limited (BIFFL) is a public limited company registered under Companies Act, 1994 (ACT XVIII of 1994) and incorporated on 21 March 2011. Earlier, the cabinet meeting held on 29 July, 2010 approved the formation of Bangladesh Infrastructure Finance Fund Limited (BIFFL). Cabinet in the same meeting in principle approved BIFFL’s ‘Memorandum of Association’ and ‘Articles of Association’. The Authorized Share Capital of the Company is BDT 100 (One hundred) billion divided into 1 (one) billion shares of BDT 100.00 each and the Subscribed Share Capital or Paid-up capital is BDT 16.00 billion.
Certificate of Incorporation was issued by the Registrar of Joint Stock Companies and Firms (RJSC). The business of the company had commenced from the same date and the Certificate of Commencement of Business was also issued by RJSC. BIFFL has received license from Bangladesh bank on 16 October 2011 to operate as a Non-bank Financial Institution under the Financial Institutions Act, 1993. Infrastructure Financing is an arrangement for extending financing facilities for the PPP projects in the form of debt or equity through specialized financial institutions such as BIFFL.
The main objective of BIFFL is to provide predominantly long-term financing for PPP projects through issuance of bonds and debt instruments and equity offerings. BIFFL envisages attracting private investments from local & foreign investors and to invest companies that are implementing infrastructure projects in Bangladesh. The Government will hold 100 percent ownership of the company at the beginning. After the private sector invests in equity they will also get ownership of the company.
The Government pins high hope on an infrastructure fund by marking an Authorized Capital of BDT 100 billion for a company that will run the fund. Such a big Authorized Capital is meant for giving a signal to the local and foreign investors that the Government aims big for the fund. It will help grow confidence among the investors.
BIFFL's Scope of Financing
Environmental, industrial and solid waste management projects.
Railway systems, rolling stock, equipment and facilities.
Economic zone, industrial estates and parks, city and property development, including services to support commercial and non-commercial activities.
Social infrastructure e.g. health, education, human resource development, research and development, and cultural facilities.
e-service delivery to citizens.
Environmental, industrial and solid waste management projects.
Railway systems, rolling stock, equipment and facilities.
Economic zone, industrial estates and parks, city and property development, including services to support commercial and non-commercial activities.
Social infrastructure e.g. health, education, human resource development, research and development, and cultural facilities.
e-service delivery to citizens.
Environmental, industrial and solid waste management projects.
Railway systems, rolling stock, equipment and facilities.
Economic zone, industrial estates and parks, city and property development, including services to support commercial and non-commercial activities.
Social infrastructure e.g. health, education, human resource development, research and development, and cultural facilities.
e-service delivery to citizens.
Environmental, industrial and solid waste management projects.
Railway systems, rolling stock, equipment and facilities.
Economic zone, industrial estates and parks, city and property development, including services to support commercial and non-commercial activities.
Social infrastructure e.g. health, education, human resource development, research and development, and cultural facilities.
e-service delivery to citizens.
Environmental, industrial and solid waste management projects.
Railway systems, rolling stock, equipment and facilities.
Economic zone, industrial estates and parks, city and property development, including services to support commercial and non-commercial activities.
Social infrastructure e.g. health, education, human resource development, research and development, and cultural facilities.
e-service delivery to citizens.
Environmental, industrial and solid waste management projects.
Railway systems, rolling stock, equipment and facilities.
Economic zone, industrial estates and parks, city and property development, including services to support commercial and non-commercial activities.
Social infrastructure e.g. health, education, human resource development, research and development, and cultural facilities.
e-service delivery to citizens.
Environmental, industrial and solid waste management projects.
Railway systems, rolling stock, equipment and facilities.
Economic zone, industrial estates and parks, city and property development, including services to support commercial and non-commercial activities.
Social infrastructure e.g. health, education, human resource development, research and development, and cultural facilities.
e-service delivery to citizens.
Environmental, industrial and solid waste management projects.
Railway systems, rolling stock, equipment and facilities.
Economic zone, industrial estates and parks, city and property development, including services to support commercial and non-commercial activities.
Social infrastructure e.g. health, education, human resource development, research and development, and cultural facilities.
e-service delivery to citizens.
This Website belongs to Bangladesh Infrastructure Finance Fund Limited (BIFFL).
Developed & Maintained by SOFTBD