Atiur urges banks, NBFIs to invest in green industries

Posted by BankInfo on Mon, Apr 27 2015 11:02 am

He visits Plummy Fashions at Fatullah

Bangladesh Bank Governor Dr Atiur Rahman seen visiting the factory of Plummy Fashions, the first green knit garments unit in the country, at Fatullah in Narayanganj on Saturday.

Bangladesh Bank (BB) Governor Dr. Atiur Rahman has asked the commercial banks and non-banking financial institutions (NBFIs) for taking necessary measures to invest in green industries to protect environment. “All the chief executive officers (CEOs) of banks and NBFIs will have to look for potential entrepreneurs for building socio-economic and green industries through proper financing not only from BB’s refinancing facility but also from their own sources,” the central bank chief said while visiting Plummy Fashions, the first green knit garments factory at Fatullah in Narayanganj on Saturday. Mentioning the Rana Plaza disaster, BB Governor said: “We need to be determined and united to keep our commitments ensuring that no industry building will be there that will not comply with building code and no single industry building will be constructed without environmental and social risk assessment.” “So let’s contribute effectively from our own status to building more and more green industries. The more green the country’s apparels would be, the more value it could add to export earnings,” the governor noted. He also said the central bank has been contributing to green banking for the last half a decade. Some 47 green products in 10 categories have been introduced since 2009. “Many products, such as solar panel, activated ETP, solid and other liquid waste management, working condition in factories and above all, green component installation, inclusion, adjustments or extension according to LEED’s design have been considered for establishing Plummy Fashion as a green factory,” Dr. Rahman explained. Mentionable, Plummy Fashions Limited has been set up in an area of 5.5 acres of land with environment-friendly building and 50 percent green open space. It has taken only 12 months to complete the major part of the construction. With a project cost worth Tk 600 million, it gets green-refinance support from the central bank of Bangladesh. Situated in Norshingpur area of Kashipur union in Narayanganj, the factory is now getting ready for operation. The main production building, made in pre-fabricated steel, is only two-storied and has 10 exit points in case of emergency. It is fully air-conditioned to provide comfort to the workers. 

News:Daily Sun/27-Apr-2015
Posted in Banking, News

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