Chevron launches pilot program with BRAC

State Minister for Power, Energy and Mineral Resources Nasrul Hamid, MP, inaugurating an "Economic Development Pilot under Chevron Bangladesh Partnership Initiative" in Sylhet on Wednesday. US Ambassador to Bangladesh, Marcia Stephens Bloom Bernicat was
State Minister for Power, Energy and Mineral Resources Nasrul Hamid, MP, inaugurating an "Economic Development Pilot under Chevron Bangladesh Partnership Initiative" in Sylhet on Wednesday. US Ambassador to Bangladesh, Marcia Stephens Bloom Bernicat was
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Business Report :
Chevron Bangladesh launches a pilot enterprise development program for 18-month with BRAC to help the local people in Sylhet area on Wednesday, says a press release.
BRAC will implement the initiative, for the communities of Bibiyana, Jalalabad and Moulavi Bazar gas field locations, where Chevron operates. The program is a part of the five-year Bangladesh Partnership Initiative (BPI), a $10 million commitment launched in September last year to support economic development.
State Minister for Power, Energy and Mineral Resources Nasrul Hamid, MP, inaugurated the program as the chief guest, while US Ambassador to Bangladesh, Marcia Stephens Bloom Bernicat was the special guest.
President of Chevron Asia Pacific Exploration and Production Melody Meyer, Director of Strategy, Communications and Empowerment at BRAC, Asif Saleh, Managing Director of Chevron Asia South Ltd Brad Middleton and Chevron Bangladesh President Kevin Lyon were also present on the occasion.
The program will support approximately 20,000 beneficiaries and up to 1,500 enterprises will be created during its lifespan.
The State Minister said, “I believe this pilot project will be a forerunner to one of the best community development programs. The data-driven systematic approach of Chevron paired with the development acumen and local knowledge of BRAC is the best possible pairing for a program of this stature.”
Ambassador Bernicat said, “I am very proud that Chevron contributes to Bangladesh’s development by boosting energy security and developing technical skills and knowledge, but is also investing in local communities. Chevron’s activities in Bangladesh are proof that the best companies form partnerships with the countries in which they work and demonstrate their long-term commitment.”
Meyer said, “At Chevron we believe that our success is tied to society’s progress and is built upon long-term, collaborative and mutually beneficial relationships. Our partnership with BRAC as part of the Bangladesh Partnership Initiative reflects this approach.”
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