Original disclosure @ IFC website
Updated in EWS May 21, 2023
Disclosed by Bank May 15, 2023
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According to the Bank’s website, the proposed investment is to contribute up to US$8.1 Million loan equivalent in Bangladesh Taka (BDT) to Labaid Cardiac and General Hospital as a senior-secured A loan from IFC. The project is expected to be supported by the IDA20 Private Sector Window Local Currency Facility (PSW LCF). IFC Loan will be used by the Company to set up a new 100 bed multi-specialty hospital in the emerging residential area of Uttara, a large suburb located 15 kilometers north of Dhaka city. The Project will improve access to affordable, high quality care for patients living in Uttara and neighboring areas by offering a variety of treatments that are currently not available or difficult to access in the vicinity.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
Mr. Ahmad Dawood
CEO, Labaid Dhanmondi Hospitals
+88 02 58610793-8
House # 01 , Road # 04 , Dhanmondi, Dhaka 1205, Bangladesh
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