Do you know what IPDC is?
Many people want to make their own address, some want to buy a car, these are like an elusive dream for middle-class families, but IPDC Finance is their dream partner.
And that is exactly what the company does, helping the common people to earn big savings by building their own houses, cars, new businesses.
But their beginning was in 1981, a post-war country. The need to build a private sector, let’s move forward. The companies of four countries created an organization called IPDC acronym.
The shareholders of the Bangladesh government company were the International Finance Corporation (IFS) of the United States.
The German Investment and Development Company (DEG) of Germany, the Aga Khan Fund for Economic Development (AKFED) of Switzerland, and the Commonwealth Development Corporation (CDC) of the United Kingdom.
Many large institutions have been established in the private sector under the guidance of Industrial Promotion Development Company IPDC, including the Living Company IPDC, the five-story Westin Hotel, Apollo Hospital Dhaka, Scholastica School, Summit, Power, Fantasy Kingdom Theme Park. The progress in the middle stopped a bit from 1998 to 2006, but in 2006, the establishment started to turn around.
After Mominul Islam joined as the Head of Operations, the work of organizing the institution began and success began to come. Currently, the company has some institutional and foreign citizens for other shareholders along with the Bangladesh government. Some shares of the general public IPDC have now emerged as IPDC Finance Limited.