Bangladesh: IDCOL Multi-Sector On-Lending Facility (AIIB-000344)

  • Bangladesh
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Government of Bangladesh
The holder of the loan, grant, or other investment.
  • Energy
  • Infrastructure
  • Transport
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ AIIB website

Updated in EWS Jun 29, 2020

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Project Description

According to the bank's website, "The Project is a sovereign-backed financial intermediary loan to the People's Republic of Bangladesh, in which AIIB funds will be channeled through the Infrastructure Development Company Limited (IDCOL) to privately-owned companies to invest in eligible infrastructure projects in Bangladesh. The loan will provide IDCOL with long term financing, given the huge market demand and the need to scale up the availability of long-term funding for infrastructure projects. The Project envisages catalyzing commercial funding for public-private partnership (PPP) projects, thereby reducing the pressure of direct financing on the public budget and raising the quality and standards of infrastructure projects."

Investment Description
  • Asian Infrastructure Investment Bank (AIIB)
Private Actors
Contact Information

Neeraj Jain
Senior Investment Officer

Bibi Karimun Nessa, Assistant Chief

Implementation Agency
Infrastructure Development Co. Ltd. Nazmul Haque
Director (Investment) & Head of Advisory


The AIIB has established the Accountability Mechanism for Project-Affected People (PPM).  The PPM provides “an opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIB’s failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.” Two or more project-affected people can file a complaint.  Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply.  You can learn more about the PPM and how to file a complaint at:

The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: