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According to the IFC, the food and beverage sector, a key pillar of Bangladesh's economy, accounts for around 13 percent of the manufacturing production in value and employs 19 percent of the industrial workforce with a projected compound annual growth rate of 12 percent.
IFC is providing $30 million in Pran Dairy Ltd (PDL) and Habiganj Agro Ltd (HAL), concerns of PRAN Group, to support their businesses severely impacted by the shortage of US dollars in Bangladesh
The International Finance Corporation (IFC) has earmarked a $30 million investment for Pran Dairy Limited (PDL) and Habiganj Agro Limited (HAL), subsidiaries of the PRAN Group, a significant entity in Bangladesh's food and beverage sector. This investment aims to address the hurdles confronting businesses, especially those dependent on imported raw materials due to a shortage