Project Details
The project sponsor, Pacific Blue (Jeans Wear) Limited is a leading concern of one of the largest RMG group of Bangladesh, Al Muslim Group. With an authorized capital of BDT 30 million, paid up capital of BDT 12 million, PBJWL is one of the most prominent compliant factories in the garments sector of Bangladesh. PBJWL is consistent in its promise to environment and sustainability, for which they have implemented bio-effluent waste treatment plant in their factory premises. PBJWL is planning for expansion and they require additional capital machineries, for which they have approached IDCOL to finance energy efficient equipment for their BMRE project. The machineries will not only be congruent to their policy of environmental sustainability, but also it will provide PBJWL cost savings from reduction in fuel and energy consumption, which will contribute to their profit margins in the long run. Financing such equipment is also compliant to IDCOL’s policy and contributes to uphold the national energy security, as promoted by the Government in its Energy Efficiency & Conservation Master Plan.
Location
Radio Colony, Savar
Client
Al-Muslim Group
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