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
ADB has signed a €10.8 million facility agreement with Envoy to support and finance the purchase of energy efficient spinning machinery and other equipment to expand textile production and generate local jobs.
Asian Development Bank (ADB) has provided a €10.8 million ($11.2 million) loan to Envoy Textiles to construct a second yarn spinning unit in Jamirdia of Mymensingh.
/PRNewswire/ BotBuilt announced today that co-founder and chief operating officer, Colin Devine, was selected for inclusion on the prestigious Forbes 30.