• Linkdin

Germany to offer €22.17 mn to Bangladesh for 5 projects

16 Feb '24
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Germany has agreed to offer Bangladesh €22.17 million for five projects, including two in textiles.
  • The 'Higher Education and Leadership Development for Sustainable Textiles' and the 'Skills for Self-monitoring and Compliance with Clean and Fair Production in the Textile Industry in Bangladesh' projects will receive €7 million each as funding.
Germany and Bangladesh recently signed five agreements under which the former will offer the latter €22.17 million for five projects in textiles, solar energy, energy solutions, digital skills and higher education.

Mohammad Shahriar Kader Siddiky, secretary in Bangladesh’s economic relations division, and Andreas Kuck, country director of GIZ Bangladesh, signed the memoranda of understanding.

The available fund for the ‘Higher Education and Leadership Development for Sustainable Textiles’ project is €7 million. The University Grants Commission (UGC) under the ministry of education will implement the projects.

With funding worth €5 million, the ‘Skills Development for Sustainable Energy Solutions’ project aims at enhancing the technical and vocational education opportunities for the sustainable energy sector, media outlets in Bangladesh reported.

The funds allocated for the ‘Skills for Self-monitoring and Compliance with Clean and Fair Production in the Textile Industry in Bangladesh’ project are worth €7 million. It seeks to improve the monitoring of safety, labour and environmental standards in the textile and garment industry by the Readymade Garment Sustainability Council (RSC).

GIZ will provide €382,526 for ‘The Digital Skills to Succeed in Asia’ project to enhance the capacities of higher education institutions, fostering the sustainable implementation of improved study programmes.

Fibre2Fashion News Desk (DS)

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