As stated on the summary of collaboration project, the International Finance Corporation entered into a collaboration agreement with Bahon Limited, one of three private operators in Bangladesh licensed to provide nationwide wholesale broadband services. This partnership aims to support the company with nationwide fiber rollout, particularly in cities outside Dhaka with smaller populations and underdeveloped fiber footprint, to support mobile network operators in tower fiberization efforts and 5G rollout. With current tower fiberization and home broadband penetration rates well below regional peers, IFC believes that the company has an important role to play in supporting the national digital connectivity agenda in Bangladesh. IFC will work with the company to develop a bankable business plan and to understand applicable E&S considerations, with the overall objective to support the company to expand its rollout of nationwide fiber.
No investment information provided at the time of disclosure.
As stated on the company's website, Bahon Limited is a leading telecommunication company in Bangladesh, providing innovative and customer-centric telecommunication transmission services to every corner of the country. We are a government-authorized third private Nationwide Telecommunication Transmission Network Operator, licensed by the Bangladesh Telecommunication Regulatory Commission since December 5, 2019.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
Sponsor - Bahon Limited:
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org