Obaidul Karim is a Bangladeshi businessman and the founder and chairman of Orion. He is the president of sporting club Mohammedan SC Limited.
The Orion Group was founded by Obaidul Karim during 1985 when he started with Orion Laboratories Ltd. The Group's early growth was driven organically through operations in pharmaceuticals & LVPs and toiletries & cosmetics. In 1993 Orion acquired the then ailing Kohinoor Chemical Co Ltd, manufacturer of the major line of 'Tibet' brand toiletries and beauty care products. Orion has been a producer in the Pharmaceuticals, Cosmetics and Toiletries sectors since 1985 in Bangladesh. More recently, Orion has been focused on Infrastructure Development and Power Generation businesses through major investments and joint ventures. One contribution in the country is the implementation of a 10 km elevated expressway (flyover) in Dhaka.
The Orion Group divides their operations into number of Strategic Business Units with multiple subsidiary companies in Agro Products, Cosmetic & Toiletries, Construction and Allied, Energy Sector, Hospitality Management, Infrastructure Development, Pharma & healthcare, Power Generation, Real Estate, Sports & Events and Textiles & Garments.
In December 2011, the Bangladesh Power Development Board announced the signing of three agreements with Orion Group Bangladesh for setting up coal-fired power plants with total capacity of 1,200 megawatt. Orion will build two plants in Khulna and Chittagong with the capacity of 282.67 MW each and one in Munshiganj of 522MW capacity as part of a $1.7 Billion. All three plants will use imported coal to generate electricity. Orion's current HFO fuelled power generation projects of 300MW in the country contribute significantly in mitigating acute power crisis in the country.
Orion Group's subsidiary companies are completing the Mayor Mohammad Hanif flyover in Dhaka. The dual carriageway flyover includes 11 slip roads or ramps (exit and entries) and will stretch from the Dhaka- Chittagong highway to Palashi. The contract is estimated to be completed by the end of 2014.