ADB and ILX fund $40M knit fabric factory for Ananta Group in Bangladesh

The Asian Development Bank signed a $40 million financing package with Ananta Knitwear Limited to build a new knit fabric factory in Narshingdi, Bangladesh. The factory will use energy-efficient machinery and is expected to create 1,000 operational jobs.

“The Asian Development Bank (ADB) signed a $40 million financing package with Ananta Knitwear Limited (AKL) to finance a new knit fabric factory in Narshingdi, Bangladesh.”saurenergy.asia

• 1 source
• saurenergy.asiaADB, Ananta Collaborate For Energy-Efficient Fabric ManufacturingChitrika GroverJun 26, 2024

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