East Coast Group is a Bangladeshi diversified conglomerate based in Dhaka.[1][2] Azam J. Chowdhury is the chairperson of the company.[3] In 2019, it had 30 subsidiaries and US$4 billion in assets.[4] Tanjil Chowdhury, chairman of Prime Bank Limited, is the managing director of East Coast Group.[5]
East Coast Group started in 1977 as East Coast Trading Private Limited as an oil trading company.[6][7]
In 1980, East Coast Group founded Bangladesh Trade Syndicate Limited as a representative of TNT Express.[9]
East Coast Group founded East Coast Shipping Lines Limited as their shipping wing in 1982.[10]
East Coast Group founded EC Securities Limited in 1997 to invest in the stock market.[11] In 1998, East Coast Group founded EC Distribution Limited.[12]
East Coast Group founded Radiant Alliance Limited in October 2010.[13] On 1 November 2010, East Coast Group founded Parkesine Products Limited.[14] It announced plans to four container ships and one oil tanker ship.[15]
East Coast Group founded ASP Crew Management 25 November 2011.[16] Dilruba Chowdhury, director of East Coast Group, is the chairperson of Green Delta Insurance.[17] MJL Bangladesh Limited opened a joint venture with AKT Petroleum Ltd in Myanmar, the first Bangladeshi joint venture in Myanmar.[18]
In November 2015, East Coast Group founded EC Aviation Limited which operates FLY EC.[19] It founded Omera Logistics Limited in December 2015.[20]
Its subsidiary, EC Organic Products Limited, launched halal olive oil products in Bangladesh.[22] It purchased a second oil tanker for MJL Bangladesh Limited.[23] It operates an offshore investment firm, MJL (S) PTE, in Singapore.[24]
