Contractors Company Seeking Loan in Dhaka, Bangladesh
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 6 million|
|Run Rate Sales||USD 280 thousand|
|EBITDA Margin||20 %|
|Industries||Contractors + 1 more|
|Local Time||7:52 PM Asia / Dhaka|
|Listed By||Management Member|
- Dhaka-based real estate company that is an authorized contractor, construction, supply, and trading company.
- Have successfully completed 20 projects in Dhaka.
- Company is seeking a loan for a new project.
- Have acquired 33% of the land for this project and commenced preliminary site work.
- The project will be a 250-acre township located on the outskirts of Dhaka and will consist of universities, schools, retail outlets, and hospitals.
- Project will be done in 2 phases.
- Phase 1 consists of land acquisition, road networking, utility connections, and preparing plot layout.
- Land parcel of 80 acres for phase 1 has already been acquired.
- Phase 2 will entail the construction of amenities and other necessary infrastructure.
- Project is stipulated to be completed within the next five years.
- The business had seen a drastic fall in sales due to the pandemic and sales have slowly picked up now.
Contract and construction work for residential apartments, commercial buildings, and various land projects.
Owned land for the project and owned office space.
Owned office of 2,220 sq. ft in Dhaka.