UAE-Bangladesh Investment Company Limited

Overview

Established in 1987, the UAE-Bangladesh Investment Company Limited (UBICO) is a joint venture financial institution owned by the Government of Bangladesh and the Abu Dhabi Fund for Development. Its primary objective is to foster economic development in Bangladesh by investing in diverse sectors, including garments and knitwear, textile, agriculture, trade and commerce, SME and others, paper, printing and packaging, power, and housing. UBICO operates as an institutional investor, focusing on private equity, infrastructure, real estate, and fixed income investments. UBICO's investment strategy encompasses growth, late-stage, and buyout stages, targeting both Bangladeshi and UAE markets. The company has a history of significant investments, with a portfolio that includes substantial stakes in various industries. For instance, its investments are distributed across sectors such as garments and knitwear (1%), textile (1%), agriculture (30%), trade and commerce (33%), SME and others (31%), paper, printing and packaging (1%), power (1%), and housing (2%). The company's commitment to economic development is evident through its active participation in financing and supporting projects that contribute to the growth and diversification of Bangladesh's economy. UBICO continues to play a pivotal role in strengthening economic ties between Bangladesh and the UAE, facilitating cross-border investments that benefit both nations.