Bangladesh Bank Governor Atiur Rahman yesterday asked banks and financial institutions to finance environment-friendly industrial infrastructure.
He said the Investment Promotion and Financing Facility (IPFF) Cell of the central bank, backed by the World Bank (WB), has been providing financial and technical assistances to infrastructural projects in the private sector.
The banks and financial institutions should play a major role in the proper disbursement of funds among entrepreneurs, he said. The governor spoke at a function marking the signing of an agreement to help Sigma Engineers with Tk 8.17 crore to build a central effluent treatment plant (CETP) at Comilla EPZ.
If CETPs are gradually set up at all the EPZs in the country, IPFF will also be able to finance them, he said.
IPFF has already completed first phase of its operation by disbursing 100 percent of its credit line to seven small power plants through different banks and financial institutions contributing 178MW of electricity to the national grid, according to the BB website.

News:The Daily Star/08-Feb-2014