Waso - Since 2012/about Us? Who We Are?/About Us
Waso - Since 2012/about Us? Who We Are?/About Us
Waso - Since 2012/about Us? Who We Are?/About Us
/ABOUT US
WASO commenced operations in 2004 nd in over 18 years, it has established itself as one of the
leading credit rating agencies in Bangladesh
WASO Engineers & Consultants (BD) Ltd. is headed by Engr. Abdul Wadud, FIEB, MBA,
Founder Managing Director & CEO.
This is one of the rare Bangladeshi organizations offering complete package consultation
services with extra ordinary financial advisory services to implement an industrial project
from initial stage to commercial production followed by Master Plan, Machine Layout,
Architectural Planning, Structural Design & MEP Design.
Capabilities
WASO Engineers & Consultants (BD) Ltd. offers package consultation services in various
sectors like Textiles, RMG, Jute, Food & Beverage, Education, Healthcare, Hospital, LPG,
Refinery, PVC, PSF, Polymer, Pharmaceuticals, Power Plant, Co-Generation Plant, Agro
based Industries, Rice Bran Oil Project, Footwear Manufacturing / Tannery / Leather
Garments etc. projects.
WASO Engineers & Consultants (BD) Ltd., is fully equipped with a number of team of well
experienced and qualified Engineering & Architectural professionals including financial
experts like FCA, FCMA, MBAs, & Chemists & Footwear Specialist.
MISSION
Provide specialized, independent and objective credit opinions, providing a high value
analysis for decision making in capital market investment.
OUR MAIN CHALLENGE
Yes. Ongoing contribution.
Our aim is to continuously excel at the service we provide to debt issuers, investors and
other market stakeholders.
VISION
To become an internationally renowned credit rating agency, consolidating our
leadership in the market by generating confidence in investment decision-making.
OUR PRINCIPLES
Yes. Our philosophy is recognized.
We work with a highly qualified team that has the experience and resources to provide
great added value to the ratings that we issue.
VALUES
We seek excellence
The search for rigorousness in our ratings is the value that best defines us as a company.
We offer an effective, ethical and excellent service.
Commitment
Our agency objectives are intended to contribute to the development of a more efficient
capital market.
We are a team
We all have value to offer. As a global company we know that working as a team is a key
element for success.
Growth strategy
The utilization of accumulated expertise, know-how and the dynamics of its partnerships, will allow the
company to positively respond to the challenges of our times and provide expert, state of the art solutions
that lead straight to the point of its customer needs.
Corporate History:
WASO is an Industrial Consulting & Engineering Firm serving all over Bangladesh since 2004 to till
date. Virtually, it was established in 1998 by Engr. Abdul Wadud, B.Sc. in Engg. as a sole
proprietorship concern (Namely: WASO Engineers & Consultants (BD) Ltd.), the Firm initially
undertook Textile & Garment Industries sector in & around Dhaka. Meanwhile, to meet up the
extreme growingly demand for industrial consultation & assistance services particularly in the
textile sector, the Firm has gradually included several types of services actually required for setting
up Industries in case of both pro consultancy services & in the Turn Key development.
In 1998, the firm focused primarily on Textile Industry Sector such as Spinning, weaving, Denim,
Dyeing & Finishing, Knit Composite, Garments & Sweater projects etc. During this period, this Firm
has been associated with a number of reputed groups of companies.
As the economy of the firm began to improve, acquired and became proficient in utilizing leading-
edge technology for surveying, mapping, design and CAD and instituted a quality policy for
constant up-gradation of both its skills and equipment base.
WASO is now particularly involved in every phases of setting up an industry, ranging from Concept
(feasibility stage) to the Commercial production. The firm also offers Project Engineering
Management services, beginning with the collection of project data and continuing throughout
different stages of development up-to completion. This Project Engineering Management provides
our clients with reliable guidance and supervision and also ensures their interests with specific
circumstances are being taken care of properly.
WASO enjoys an enviable record of producing practical and efficient designs, which have proven to
be a great advantages to our valued clients. The technical expertise & experience enable the Firm
to provide efficient designs yielding the cost of construction very much economical & all at very
competitive Price.
WHAT WE DO
Industrial Master Planning
Architectural Design with 3D modelling
Engineerin
1 Industrial Process Engineering with Machine Layout Plan
g Structural Design & Modelling
Electrical & Fire Design (Utility & MEP)
CONSULTIN Detail Engineering Assessment(DEA)
G Project Cost estimation with BOQ
Construction Supervision
Business Plan
Project Planning from PP to Implementation
2 Footwear Preparing Machine List & Layout based on Targeted Product
Consulting Complete Factory Design with Technical Supervision
Technical Advisory Services from Company Formation to operation
Environmental Impact studies and reports realization. Development
of technical bulletins for institutions of protected regions. Technical
and specialised support of institutions and organisms for
ENVIRON
AL PROGRAMMES IN PUBLIC AND PRIVATE SECTOR
Technical as well as Management skills and provide customer centric solution through
out the consulting engagement.
activities as Engineering Consultants in the fields of Industrial sector since then. Ranges of services are
expanded from concept development to commercialization going through the Feasibility Study
Report including Master Plan, Machinery Layout, Architectural Plan, Structural & MEP Support in all
respect.
By now, the Company has conducted more than 5500 Feasibility Study Reports in various industrial
sectors (About-100+ Types).
The Company has a number of professional experts like qualified CA, CMA, Architects, Structural Engineers,
Electrical Engineers, Mechanical Engineers, Chemical Engineers, CAD Operator, 3D Modular, Fire Designer
etc. on full time basis employment to carry out various Planning, Designing and for preparing Feasibility
Study Reports. Float Glass Manufacturing Plant, Sugar Mill, Bicycle Manufacturing Plant, Salt Processing
Plant, Soda Ash, Caustic Soda, Hydrogen Peroxide, PVC Resin Manufacturing Plant, Steel & Re-rolling Mills
etc.
This Company has also got enlistment as Task Force for performing of Detail Engineering Assessment
(DEA) for RMG Factories from DIFE (Ministry of Labor & Employment Vide Memo No:
কা:/টে:ক:আরএমজি/২০১৪/২৫৭/ম:পজর:/ dated on 01.06.2015).
In addition, Detail Engineering Assessment of 70+ Garments Factories were done by WASO Engineers
& Consultants (BD) Ltd. under the guidance of Alliance (USA) & ACCORD (UK)
WASO Credit Rating Company (BD) Ltd. ("WCRCL") was incorporated as a public Limited
company under the Office of the Registrar of Joint Stock Companies and Firms in July of 2009. With the
license from the Securities & Exchange Commission (SEC) of Bangladesh to operate as a credit rating
company, WCRCL had officially started its journey on 15th of February, 2012. It has also been
recognized as an External Credit Assessment Institution (ECAI) by the Central Bank of Bangladesh
(Bangladesh Bank) in October 2012WASO is fully independent and transparent in its operations and is
entitled to rate Banks and Fls, PSEs, Insurance, Corporate and Debt Instruments. The WCRCL team has
been formed with the experienced processionals & Specialists from different disciplines with the
highest levels of ethics and integrity.
This company also has a numbers of professional employees like qualified CA, CMA, MBA &
other Business Professionals to perform regular rating activities according to the guidance of
Bangladesh Bank & BSEC.
The Company by now has provided Credit Rating Services to more than 9000 clients.
The Services Offered by this Company is as follows:-
i. Entity Rating
ii. Issue Specific Rating
iii. Due Diligence Services
iv. Bank & Fls Rating
v. Claim Paying Ability Rating
Machineries, which gave me the scope of clearly understanding in implementation of theoretical knowledge
into the practical ground. As an Engineer, though my employment was in the engineering department, but
due to having interest of doing business, I went beyond the departmental activities and took interests in
other sides of the operations. It helped me gather wide spread experiences and understand the operational
intricacies involved in the large sized business ventures and industries. List of my private enterprises work
employment are as follows:
Opex & Sinha Textile Group as an Engineering-Manager (2000-2004)
Monno Fabrics Ltd. - A Woven Composite Textile Mills - as an Engineering Manager (1996-
2000)
Sreepur Textile Mills Ltd. as an Electrical Engineer (1993-1995)
Comilla Spinning Mills Ltd. as an Electrical Engineer (1994-1996)
Tomizuddinn Textile Mills Ltd. as an Electrical Engineer (1990-1994).