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Mohammad Riyad Ali

Mohammad Riyad Ali
Managing Director
Intraco Group

The current pace of development in Bangladesh is admirable and hopefully if this trend continues Bangladesh will join the group of developed countries soon. It took Bangladesh 40 long years to regain the lost heritage of trade and commerce that made East Bengal famous once. The contribution of small, medium and large entrepreneurs are undeniable in taking Bangladesh to the next level and it is these businesses that are the pillars shouldering the economy today. New entrepreneurs are being born everyday in Bangladesh irrespective of age. Mohammad Riyad Ali is one such entrepreneur and is the Managing Director of Intraco Group currently.
Intraco Group comprises of 18 companies. Managing Director Mohammad Riyad Ali was born to a respectable family of Chottogram. Business runs in his blood. His father H M Hakim Ali was a businessman who was the Chief Executive Officer of the well known Hotel Agrabad. Riyad Ali’s mother, Monowara Hakim Ali, was the first Vice President of Federation of Bangladesh Chambers of Commerce and Industry. She is also the President of Chittagong Women Chamber and Commerce Federation. She is working tirelessly to bring financial independence amongst the underpriviledged women and involve them in the growth of the national economy. She is also member of Chittagong Chamber of Commerce and Industry and Bangladesh Malaysia Chamber of Commerce and Industry.
Mohammad Riyad Ali is also involved in various social, cultural and diplomatic activities. He has kept himself busy with business activities for more than a decade. Intraco Group subsidiaries include: Intraco CNG Refueling Station Ltd(there are 30 CNG refueling stations countrywide), Intraco CNG Conversion Ltd.(4 centres), Intraco Cylinder Re-test centre, Intraco Properties Ltd, Hotel Agrabad, Intraco Energy Ltd, Intraco Ltd, Intraco Readymix Co. Ltd., Butterfly Park Ltd., Intraco Apparels Ltd., Genetica, Ultrapharma, Intraco Agro Product Ltd.,Matrix Cellular International Services Ltd. and Intraco Furnishers Ltd.
Mohammad Riyad Ali is one of the significant contributors to the financial development of Bangladesh particularly in the Fuel and Mineral Resources sector. He has contributed immensely to the transportation sector by introducing compressed natural gas as a cheap form of fuel to the public. Intraco CNG has already installed refueling stations in all the important landmarks of the country.
Mohammad Riyad Ali is the Secretary of Italy Bangladesh Chamber of Commerce and Industry, Director of Korea Bangladesh Commerce and Industry and Member of Federation of Bangladesh Commerce and Industries. In addition to these he is also carrying out responsibilities as the Honorary Consul of Korea in Chottogram and Executive Member of Consular Core in Bangladesh.

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