The Foreign Direct Investment Promotion Project has disbursed Tk聽364.90 crore in the form of 35 loans to 19 borrowers.
FDIPP implementation unit of the Bangladesh Bank arranged a seminar in the capital on Sunday where it disseminated information of loan facility funded by JICA.
FDIPP is a JICA-funded project which is designed with a view to accelerate economic development of Bangladesh by promoting Japanese private sector investment.
A loan agreement was signed between JICA and the government of Bangladesh on December 13, 2015 for the project.
The duration of the project is from February 2016 to March 2025.
Financial Institutions Division of the finance ministry is the executing agency and the Bangladesh Bank is the implementing agency of the TSL component of the FDIPP.