UKEF offers £2bn financing for Bangladesh projects

  • DCV Desk
  • 03 Sep, 2026, 06:33 PM
UKEF offers £2bn financing for Bangladesh projects Photo: Courtesy
ad
UK Export Finance (UKEF) has highlighted financing capacity of up to £2 billion for eligible Bangladeshi buyers to undertake projects involving British goods and services across key development sectors, a press release said.
UKEF, the UK Government’s export credit agency, is engaging with government officials, financial institutions and business leaders in Bangladesh to explore financing opportunities and identify potential projects where British expertise, technology and financing could contribute to the country’s development ambitions.
With an available country capacity of between £1 billion and £2 billion, UKEF can help eligible Bangladeshi buyers access competitive financing for projects in transport, agriculture, healthcare, airports, manufacturing, renewable energy and infrastructure.
As part of the visit, a delegation from UKEF held meeting with ICC Bangladesh President Mahbubur Rahman and Members of the Executive Board on 3 September 2026 at ICC Bangladesh Secretariat to discuss potential areas of cooperation and opportunities for mbilising UK-backed financing for projects in Bangladesh. ICC Bangladesh President Mahbubur Rahman welcomed the delegation and highlighted the longstanding economic and commercial relationship between Bangladesh and the United Kingdom. He said Bangladesh’s growing infrastructure needs and expanding private sector offer significant opportunities for greater UK investment, technology and long-term financing. He emphasised the potential for UKEF support in priority sectors, particularly renewable energy, transport and logistics, airports and aviation, healthcare, agriculture and agro-processing, and climate-resilient infrastructure. He also expressed ICC Bangladesh’s interest in working closely with UKEF, the UK Department for Business and Trade and British businesses to identify a concrete pipeline of viable projects that could benefit from UK expertise and financing.
During the meeting, the UKEF delegation briefed ICC Bangladesh members on the range of financing facilities available to support eligible projects involving UK goods and services. Discussions focused on how UKEF financing could help address funding requirements for major development and private-sector projects and facilitate greater trade, investment and business cooperation between Bangladesh and the United Kingdom.
“The UK and Bangladesh have an important and long-standing economic relationship,” said Mark Birrell, UK Trade Counsellor for South Asia. “This visit will allow us to hear directly from government and business leaders and explore where UK companies, expertise and finance can support innovation, growth and development.”
UKEF offers a range of financial products, including guarantees, loans and insurance, designed to help unlock competitive financing for projects involving UK suppliers. Its support can be provided in more than 60 local currencies and includes long-term financing instruments such as the Buyer Credit Facility, Standard Buyer Loan Guarantee, Direct Lending Facility and Early Project Services Guarantee.
During the visit, the delegation is scheduled to engage with government representatives, banks and private sector leaders to identify potential areas for cooperation.
Its programme also includes engagements with financial institutions and business bodies, including Standard Chartered Bangladesh and HSBC to discuss how UKEF financing could help meet funding requirements and facilitate greater trade and investment between Bangladesh and the UK.
The visiting UK delegation comprises Mark Birrell; Sandeep Kudtarkar, UKEF Country Head for India, Bangladesh and Nepal; and Rohini Aggarwal, Head of Trade Policy for South Asia.The delegation is visiting Bangladesh from 2 to 4 September and is engaging with government representatives, banks and private-sector leaders to identify potential areas for cooperation.
The meeting was also attended by ICCB Vice President Naser Ezaz Bijoy; FBCCI Administrator Md. Fazlul Hoque; BCI President Anwar-Ul-Alam Chowdhury (Parvez); CCCI President Mohammed Amirul Haque; BTMA President Showkat Aziz Russell; BAPI Vice President Syed S Kaiser Kabir; ICCB Secretary General Ataur Rahman; General Manager Ajay Bihari Saha and Deputy General Manager Syeda Shahnewaz Lotika.


Comment