Asian Development Bank signs $14 million agreement with PRAN
date:Mar 21, 2019
The Asian Development Bank has signed a $14.2 million loan to support the expansion plans of Sylvan Agriculture Limited (SAL), a subsidiary of the PRAN-RFL Group, to enhance inclusiveness in the agribusiness sector by lifting the incomes and skills of farmers, particularly women. PRAN is one of the largest food and agribusiness companies in Bangladesh.

ADBs assistance will finance new food processing facilities to produce potato chips, potato flakes, and pasta. Under a gender action plan, women
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