IFC invests $30m in Bangladesh's Pran Dairy and Habiganj Agro to tackle USD shortage and support food processing market.
The International Finance Corporation (IFC) invests $30m in Bangladesh's Pran Dairy Limited and Habiganj Agro Limited, part of the PRAN Group, to tackle the US dollar shortage and support food processing market. This marks the first loan for working capital purposes in Bangladesh and aims to support businesses, create jobs, enhance gender diversity, and bolster the economy. Since 2010, IFC has invested over $3.8bn to promote private sector growth in Bangladesh.
April 08, 2024
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