View source for Infrastructure Development Company

{{Use dmy dates|date=November 2019}}
{{Infobox organization
|name         = Infrastructure Development Company Limited (IDCOL)
|image_border =
|size         =
|alt          =
|caption      =
|map          =
|msize        =
|malt         =
|mcaption     =
|abbreviation =
|formation    = 1997
|extinction   =
|type         = Financial institution
|status       =
|purpose      =
|headquarters = UTC Building, 16th Floor, 8 Panthapath, [[Kawran Bazar]]
|location     = Dhaka, Bangladesh
|coords       =
|members  =
|language     = Bengali, English
|leader_title =
|leader_name  =
|key_people   = Shahriar Kader Siddiky (Chairman)<ref>{{cite web |title=Board of Directors |url=https://idcol.org/home/bod |website=Infrastructure Development Company Limited (IDCOL)}}</ref>
|main_organ   =
|parent_organization = Ministry of Finance, Government of Bangladesh
|affiliations =
|num_staff    = 400+
|num_volunteers =
|budget       =
|website      = {{URL|www.idcol.org}}
|remarks      =
}}

'''Infrastructure Development Company Limited'''  is a government owned specialised [[non-bank financial institution]] that finances renewable infrastructure projects  in Bangladesh and is located in  [[Dhaka]], [[Bangladesh]].<ref name="iion">{{cite web |title=Infrastructure Development Company Ltd|url=http://coastbd.net/infrastructure-development-company-ltd-idcol/|website=COAST Trust|access-date=19 November 2016}}</ref>
In 2016, it was awarded the United Nations Momentum for Change Award.<ref>{{cite news |title=Bangladeshi company honoured with UN climate award|url=http://www.dhakatribune.com/climate-change/2016/11/18/bangladeshi-company-honoured-un-climate-award/|work=Dhaka Tribune|access-date=19 November 2016|date=18 November 2016}}</ref>

==History==
Infrastructure Development Company Limited was established on 14 May 1997 by the Government of Bangladesh.<ref name="iion" /><ref>{{cite web|title=Infrastructure Development Company Limited |url=http://idcol.org/home/milestones|access-date=19 November 2016|website=Infrastructure Development Company Limited}}</ref> It also finances organizations who distribute solar panels in Bangladesh.<ref>{{cite news|date=27 October 2016|title=Solar Bangla for Shonar Bangla|url=http://www.dhakatribune.com/opinion/op-ed/2016/10/27/solar-bangla-shonar-bangla/|access-date=19 November 2016|work=Dhaka Tribune|type=Op-ed}}</ref> The company was licensed by the Bangladesh Bank as a non-bank financial institution on 5 January 1998. Since its inception, it has played a major role in bridging the financing gap for developing medium to large-scale infrastructure and renewable energy projects in Bangladesh.

The company is managed by a nine-member independent Board of Directors comprising five senior government officials, three representatives from the private sector and a full-time executive director and chief executive officer. Secretary/Senior Secretary of Economic Relations Division under the Ministry of Finance is the ex-officio chairman of the company. It has a small and multi-skilled work force comprising financial and market analysts, lawyers, engineers,  IT experts, accountants and environmental and social safeguard specialists.

==References==
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[[Category:Government-owned companies of Bangladesh]]
[[Category:Infrastructure in Bangladesh]]
[[Category:Companies based in Dhaka]]
[[Category:Bangladeshi companies established in 1997]]


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