The financing process for Bashundhara Multi Steel Industries, valued at Tk1,765 crore, has reached a standstill due to a dispute regarding the company's eligibility. Consequently, machinery worth Tk534 crore, contained in 275 units, has remained stranded at the Chattogram Port for the past two years.
Economy
Eligibility dispute stalls Tk1,765cr financing for Bashundhara Multi Steel
A dispute over eligibility has halted the Tk1,765 crore financing process for Bashundhara Multi Steel Industries.
Source: TBS Bangladesh