$110m WB aid for sustainable enterprises

The World Bank will provide $110 million assistance for Bangladesh to implement the Sustainable Enterprise Project (SEP) which will help some 20,000 microenterprises adopt environmentally-friendly practices.

The project covers manufacturing and agribusiness sectors, including leather, mini textiles, light engineering, plastic, food processing, metal products, livestock, horticulture, aquaculture and poultry, said a World Bank official.

The loan agreement to this end will be signed tomorrow between the Economic Relations Division (ERD) and the World Bank at the ERD in the city’s Sher-e-Bangla Nagar area.