An eight-member delegation of the Asian Development Bank (ADB), led by its Vice-President Ashok Lavasa, visited Pran-RFL Industrial Park in Narsingdi on Friday.
Ashok is in-charge of private-sector operations and public-private partnerships. The delegation also included ADB Country Director Edimon Ginting.
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Ahsan Khan Chowdhury, chairman and CEO at Pran-RFL Group, and Uzma Chowdhury, director (corporate finance), informed the delegation about different aspects of the production process.
The ADB has financed Pran to increase farmers' income and efficiency through expanding the agro-processing business, sustainable development in the agriculture sector and job creation.
"The bank has financed Pran Group around $49 million in three phases from 2012. The fund has been given as a long-term loan of buying capital machinery and job creation," according to a media statement.
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Ahsan said: "The ADB's funding always plays an important role in diversifying export items of the nation. We are hopeful to receive further technical assistance in diversifying agriculture produce and agro-processing industry in Bangladesh."