ADB, Envoy Textiles sign loan facility to support energy efficient textile manufacturing, create jobs in Bangladesh

The Asian Development Bank (ADB) entered into a €10.8 million ($11.2 million) facility agreement with Envoy Textiles Limited (Envoy) to support and finance the purchase and installation of energy efficient spinning machinery and other equipment to expand sustainable textile production and create local jobs. The proceeds of the loan will be used to fund a second yarn spinning

Related Keywords

Bangladesh , United States , Jamirdia , Bangladesh General , Ashok Lavasa , Kutubuddin Ahmed , Envoy Textiles Limited , Leadership In Energy , United States Green Building Council , Asian Development Bank , Private Sector Operations , Private Partnerships Ashok , Envoy Founder Kutubuddin , Environmental Design , United States Green Building ,