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Home Business IFC is investing 30 million dollars in two companies of Pran Group

IFC is investing 30 million dollars in two companies of Pran Group

by endroar
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World Bank Group's International Finance Corporation is investing 30 million or 30 million dollars in Pran Dairy Limited and Habiganj Agro Limited, the largest industrial group of the country.

In a press release, IFC said, industries dependent on importing raw materials have been severely affected by the shortage of US dollars in Bangladesh. In this reality, IFC has decided to invest to support these industries. According to IFC, Pran Dairy and Habiganj Agro are the leading companies in the country's food and beverage industry. The aim is to increase the capacity of the food processing industry by creating employment, increasing the participation of women in the industry and strengthening the economy.

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