IDCOL pays Tk50 crore dividend to government
State-owned Infrastructure Development Company Ltd (IDCOL) has paid a dividend of Tk50 crore to the government from its profits for the fiscal year 2024.
The dividend cheque was officially handed over to Finance Adviser Dr Salehuddin Ahmed at the Ministry of Finance by senior officials of IDCOL.
Md Shahriar Kader Siddiky, Secretary of the Economic Relations Division and Chairman of IDCOL, and Dr Khairuzzaman Mozumder, Director at IDCOL and Secretary of the Finance Division, played key roles in presenting the dividend.
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Dr Salehuddin Ahmed lauded IDCOL's pioneering role in financing renewable energy, infrastructure, and energy efficiency projects, describing the institution as a driving force behind inclusive and sustainable financing in Bangladesh.
The event was attended by prominent IDCOL representatives including Alamgir Morshed, executive director and chief executive officer; S M Monirul Islam, deputy CEO and chief financial officer; Nazmul Haque, chief investment officer; Md Enamul Karim Pavel, head of renewable energy; M Maftun Ahmed, company secretary; and Nazmul Haque Faisal, executive vice president, corporate affairs.
The dividend payment reflects IDCOL's ongoing commitment to catalyzing positive change through strategic investments in key sectors, setting an example for sustainable development and inclusive growth across the country.
