OASL to arrange foreign financing for Bangladesh's $50m-plus power projects
Dhaka, Oct. 10 -- Ocean Aid Services Ltd (OASL) is positioning itself as a bridge between international financiers and Bangladesh's priority energy projects, targeting ventures worth above US$ 50 million under an EPC+F (engineering, procurement, construction and finance) model.
OASL Managing Director AHM Manzoor Alam said the Chattogram-based company will arrange financing for bankable projects by connecting them with qualified foreign investors and financing groups, but will not invest in the projects itself.
"We see energy security and the clean-energy transition as complementary priorities," he said, adding that Bangladesh needs long-term capital, technology and project expertise to meet its growing infrastructure demand.
OASL is pu...
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