Our Story
A Diversified Business Conglomerate
East Coast Group (ECG) is one of the fastest-growing business conglomerates in Bangladesh. Having more than 42 years of experience in diversified business interests including Trading, Power Generation, Downstream Petroleum, Shipping, Renewable Energy, Plastics and Ceramics Manufacturing, Real Estate, Wood Treatment, Corporate Finance, Banking, Insurance, Tea Production, Logistics and Distribution.
Our maiden journey started having alone company as its trading area focusing on the oil and gas sector, which is still soaring as the flagship business of the group.
Trading mainly in petroleum, crude oil, and the base stock followed by their transportation in the early eighties, and the rest of the companies with diversified portfolios gained momentum in the nineties. The group became active in different areas of business starting from trading in bulk commodities to investing in manufacturing, real estate, financial intermediaries, bank, and the insurance sector. The group further expanded its areas of operation to the aviation business and the development of power stations.
Subsequently, an investment arm was stretched having a merchant-banking license to handle the group’s in-house asset management functions including developing its business as an independent financial intermediary. In order to capitalize on trading activities in bulk in a totally liberated consumer market, a distribution company was launched lately for the import and distribution of brand products in the high-end market segment.