ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan promotes energy-saving devices in Bangladesh

Efficient gear to offset rising fossil fuel use and preserve competitiveness

TOKYO -- The Japan International Cooperation Agency is encouraging greater use of energy-saving equipment in Bangladesh through a low-interest loan program.

The program allows companies that buy specified equipment, such as textile machinery, to get low-interest loans at around 4% compared to market rates of 9-15%. February saw three deals. About 10 other deals are also under discussion. Orders worth more than 5 billion yen ($47.1 million) are expected for the final tally.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more