Green Delta Capital closes landmark USD 100 million debt financing deal
Green Delta Capital Limited (GDC), one of Bangladesh's leading investment banks, has successfully arranged a USD 100 million debt financing package for RSGT Bangladesh Ltd. (RSGTB) to develop a state-of-the-art container terminal at the Port of Chattogram.
This marks the country's first private port project under the Public-Private Partnership (PPP) modality, highlighting growing investor confidence in Bangladesh's infrastructure sector.
The USD 170 million terminal project is being implemented under a 22-year concession agreement, reflecting the government's strategy to attract private capital for critical infrastructure. GDC served as the exclusive lead arranger and advisor for the financing.
The debt package was backed by a consortium of prominent financiers, including Bangladesh Infrastructure Finance Fund Limited (BIFFL), the Islamic Corporation for the Development of the Private Sector (ICD), Infrastructure Development Company Limited (IDCOL), and Pubali Bank PLC.
A closing ceremony was held on 23 June at The Westin Dhaka, attended by key stakeholders from public and private institutions. Among the attendees were Green Delta Capital Chairman Nasir A Choudhury; Managing Director and CEO Md Rafiqul Islam; RSGTB CEO Erwin Haaze; BIFFL CEO S M Anisuzzaman; ICD's Jawad Mahmood Khokhar; IDCOL CEO Alamgir Morshed; Pubali Bank CEO Mohammad Ali; and Green Delta Insurance CEO Farzanah Chowdhury.
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Speakers at the event expressed pride in this milestone, noting that the new terminal will enhance port handling capacity, create jobs, and improve supply chain efficiency, thereby making a significant contribution to the country's long-term development goals. They also noted the project's potential to catalyse future foreign investment in Bangladesh's port and logistics sectors.
GDC has a strong track record in infrastructure finance, having arranged more than USD 1.5 billion in foreign currency financing and BDT 32 billion in local debt and bond transactions for Bangladeshi corporates.
This latest achievement further strengthens GDC's reputation as a key player in unlocking capital for transformative infrastructure ventures in Bangladesh.
