Economic Reporter :
The World Bank will provide $110 million assistance for Bangladesh to implement the Sustainable Enterprise Project (SEP) which will help some 20,000 microenterprises adopt environmentally-friendly practices.
The project covers manufacturing and agribusiness sectors, including leather, mini textiles, light engineering, plastic, food processing, metal products, livestock, horticulture, aquaculture and poultry, said a World Bank official.
The loan agreement to this end will be signed tomorrow between the Economic Relations Division (ERD) and the World Bank at the ERD in the city’s Sher-e-Bangla Nagar area.
ERD Secretary Kazi Shofiqul Azam and World Bank Country Director for Bangladesh, Bhutan and Nepal Qimiao Fan will sign the loan agreement on behalf of their respective sides.
The official said the project will promote a cleaner and climate-resilient economy by creating opportunities for them to avail finance and technologies for environmentally sustainable practices.
The World Bank will provide $110 million assistance for Bangladesh to implement the Sustainable Enterprise Project (SEP) which will help some 20,000 microenterprises adopt environmentally-friendly practices.
The project covers manufacturing and agribusiness sectors, including leather, mini textiles, light engineering, plastic, food processing, metal products, livestock, horticulture, aquaculture and poultry, said a World Bank official.
The loan agreement to this end will be signed tomorrow between the Economic Relations Division (ERD) and the World Bank at the ERD in the city’s Sher-e-Bangla Nagar area.
ERD Secretary Kazi Shofiqul Azam and World Bank Country Director for Bangladesh, Bhutan and Nepal Qimiao Fan will sign the loan agreement on behalf of their respective sides.
The official said the project will promote a cleaner and climate-resilient economy by creating opportunities for them to avail finance and technologies for environmentally sustainable practices.
