Published on Asian Development Bank (http://www.adb.org)

Bangladesh – PRAN Agribusiness Project Loan

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

Description:
Briefs Intro: 
The Asian Development Bank (ADB) has approved the following project:

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
Project URL: 
http://www2.adb.org/Projects/project.asp?id=46904
Country: 
Bangladesh
Subject: 
ADB funds and products
Subject: 
Loans
Subject: 
Ordinary Capital Resources
Subject: 
Agriculture and natural resources
Board Approval Date: 
9 Aug 2012
9 Aug 2012
Year: 
2012
Feature
no
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
Source URL: http://www.adb.org/news/briefs/bangladesh-pran-agribusiness-project-loan