Bangladesh – PRAN Agribusiness Project Loan

9 August 2012 - The Asian Development Bank (ADB) has approved the following project:

Description:

The loan for Bangladesh’s leading agribusiness company, PRAN, will finance food production facilities which will support local farmers, strengthen food security and nutrition, and generate jobs. It is ADB’s first nonsovereign agribusiness project since 1985.

Amount: $25.1 million 7-year non-sovereign loan from ordinary capital resources

Project ID: 46904

For more information: http://www2.adb.org/Projects/project.asp?id=46904