The Orion Group has not only blazed trails in PPPs, but it has also
taken real estate to new heights. It reshaped Dhaka’s skyline when it
constructed the country’s tallest building, the 39-storey City Centre,
and also has plans to create a new satellite town near the capital.
Its pharmaceutical arm was the first company in Bangladesh to produce amino acids and to manufacture anti-cancer drugs, bringing down the cost of cancer medication from 2,100 The Orion Group has not only blazed trails in PPPs, but it has also taken real estate to new heights. It reshaped Dhaka’s skyline when it constructed the country’s tallest building, the 39-storey City Centre, and also has plans to create a new satellite town near the capital.
Its pharmaceutical arm was the first company in Bangladesh to produce amino acids and to manufacture anti-cancer drugs, bringing down the cost of cancer medication from 2,100 taka (£17) to 350 taka (£2.85) per box.
In agriculture, the group is currently collaborating with a Dutch company to grow mushrooms on two large plots of land. “Our location and facilities are ideal,” says Mr. Karim. “European companies have tried going to China for these agro-products, however they have found Bangladesh is a better more cost-effective producer.” The company has plans to develop an agricultural industrial park and produce vegetables targeted at European markets.
The Orion Group had done remarkable job in the field of Power Generation sector. A reliable, affordable supply of energy is vital to maintaining Bangladesh’s socio-economic development and industrialisation. The government has set a goal of providing electricity to all citizens by 2021, so power generation has been highlighted as another priority area for private-sector involvement.
Through its joint ventures, IEL Consortium and & Ltd and Dutch Bangla Power & Associates Ltd, the Orion Group now has two 100MW power plants in operation. “It is frustrating that our country’s international image is not so good, even though we did not take a single penny from the outside world; we raised the funds here and we completed a 100MW power plant in only 217 days. I challenge you to find another company that can complete such a project in the same time frame using the particular European technology we have brought over,” says Mr Obaidul Karim.
The group has been awarded two more concessions to build power stations generating 300MW and 650MW respectively. “The government is serious about power production. We used to have a large natural gas reserve, however, now there is a shortage. So, we are going to set up a coal-based power plant, which will be much cheaper. We are on our way to producing electricity at low cost,” says Salman Obaidul Karim, Orion Group’s managing director and son of the chairman. “In our power sector, demand is significant at the moment, which represents an opportunity for foreign involvement. Our company’s projects have set examples showing foreign investors that infrastructure and power projects are feasible and can be completed quickly.”taka (£17) to 350 taka (£2.85) per box.
In agriculture, the group is currently collaborating with a Dutch company to grow mushrooms on two large plots of land. “Our location and facilities are ideal,” says Mr. Karim. “European companies have tried going to China for these agro-products, however they have found Bangladesh is a better more cost-effective producer.” The company has plans to develop an agricultural industrial park and produce vegetables targeted at European markets.
The Orion Group had done remarkable job in the field of Power Generation sector. A reliable, affordable supply of energy is vital to maintaining Bangladesh’s socio-economic development and industrialisation. The government has set a goal of providing electricity to all citizens by 2021, so power generation has been highlighted as another priority area for private-sector involvement.
Through its joint ventures, IEL Consortium and & Ltd and Dutch Bangla Power & Associates Ltd, the Orion Group now has two 100MW power plants in operation. “It is frustrating that our country’s international image is not so good, even though we did not take a single penny from the outside world; we raised the funds here and we completed a 100MW power plant in only 217 days. I challenge you to find another company that can complete such a project in the same time frame using the particular European technology we have brought over,” says Mr Karim.
The group has been awarded two more concessions to build power stations generating 300MW and 650MW respectively. “The government is serious about power production. We used to have a large natural gas reserve, however, now there is a shortage. So, we are going to set up a coal-based power plant, which will be much cheaper. We are on our way to producing electricity at low cost,” says Salman Obaidul Karim, Orion Group’s managing director and son of the chairman. “In our power sector, demand is significant at the moment, which represents an opportunity for foreign involvement. Our company’s projects have set examples showing foreign investors that infrastructure and power projects are feasible and can be completed quickly.”
Its pharmaceutical arm was the first company in Bangladesh to produce amino acids and to manufacture anti-cancer drugs, bringing down the cost of cancer medication from 2,100 The Orion Group has not only blazed trails in PPPs, but it has also taken real estate to new heights. It reshaped Dhaka’s skyline when it constructed the country’s tallest building, the 39-storey City Centre, and also has plans to create a new satellite town near the capital.
Its pharmaceutical arm was the first company in Bangladesh to produce amino acids and to manufacture anti-cancer drugs, bringing down the cost of cancer medication from 2,100 taka (£17) to 350 taka (£2.85) per box.
In agriculture, the group is currently collaborating with a Dutch company to grow mushrooms on two large plots of land. “Our location and facilities are ideal,” says Mr. Karim. “European companies have tried going to China for these agro-products, however they have found Bangladesh is a better more cost-effective producer.” The company has plans to develop an agricultural industrial park and produce vegetables targeted at European markets.
The Orion Group had done remarkable job in the field of Power Generation sector. A reliable, affordable supply of energy is vital to maintaining Bangladesh’s socio-economic development and industrialisation. The government has set a goal of providing electricity to all citizens by 2021, so power generation has been highlighted as another priority area for private-sector involvement.
Through its joint ventures, IEL Consortium and & Ltd and Dutch Bangla Power & Associates Ltd, the Orion Group now has two 100MW power plants in operation. “It is frustrating that our country’s international image is not so good, even though we did not take a single penny from the outside world; we raised the funds here and we completed a 100MW power plant in only 217 days. I challenge you to find another company that can complete such a project in the same time frame using the particular European technology we have brought over,” says Mr Obaidul Karim.
The group has been awarded two more concessions to build power stations generating 300MW and 650MW respectively. “The government is serious about power production. We used to have a large natural gas reserve, however, now there is a shortage. So, we are going to set up a coal-based power plant, which will be much cheaper. We are on our way to producing electricity at low cost,” says Salman Obaidul Karim, Orion Group’s managing director and son of the chairman. “In our power sector, demand is significant at the moment, which represents an opportunity for foreign involvement. Our company’s projects have set examples showing foreign investors that infrastructure and power projects are feasible and can be completed quickly.”taka (£17) to 350 taka (£2.85) per box.
In agriculture, the group is currently collaborating with a Dutch company to grow mushrooms on two large plots of land. “Our location and facilities are ideal,” says Mr. Karim. “European companies have tried going to China for these agro-products, however they have found Bangladesh is a better more cost-effective producer.” The company has plans to develop an agricultural industrial park and produce vegetables targeted at European markets.
The Orion Group had done remarkable job in the field of Power Generation sector. A reliable, affordable supply of energy is vital to maintaining Bangladesh’s socio-economic development and industrialisation. The government has set a goal of providing electricity to all citizens by 2021, so power generation has been highlighted as another priority area for private-sector involvement.
Through its joint ventures, IEL Consortium and & Ltd and Dutch Bangla Power & Associates Ltd, the Orion Group now has two 100MW power plants in operation. “It is frustrating that our country’s international image is not so good, even though we did not take a single penny from the outside world; we raised the funds here and we completed a 100MW power plant in only 217 days. I challenge you to find another company that can complete such a project in the same time frame using the particular European technology we have brought over,” says Mr Karim.
The group has been awarded two more concessions to build power stations generating 300MW and 650MW respectively. “The government is serious about power production. We used to have a large natural gas reserve, however, now there is a shortage. So, we are going to set up a coal-based power plant, which will be much cheaper. We are on our way to producing electricity at low cost,” says Salman Obaidul Karim, Orion Group’s managing director and son of the chairman. “In our power sector, demand is significant at the moment, which represents an opportunity for foreign involvement. Our company’s projects have set examples showing foreign investors that infrastructure and power projects are feasible and can be completed quickly.”
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