devinitorg/iati-policy-markers huggingface dataset:
Ananta Mixed Use 0  0  0  0  0  0  0  0  0.0000                Ananta Hotel and Resorts Limited (AHRL, the Company or the Borrower), has undertaken to develop a greenfield mixed-use property in Dhaka, Bangladesh, consisting of: (  i  ) a 300-room upscale business hotel; (ii) a branded residential tower with 71 units of 3-4 bedrooms each, and; (iii) a commercial building with 15 office floors and 2 retail levels (the Project). The proposed IFC financing package will finance the hotel and the residential tower, whereas the office   and retail   building will be financed by local banks with no involvement from IFC. The Project   will be   the first ever branded mixed-use development in Bangladesh  .   The hotel and the residential tower will be operated and managed by Marriott International Inc. (Marriott), under its Marriott Hotel and Residences brand. -	Employment creation and knowledge transfer: The Project will create approximately 450 permanent jobs (including ~20% female jobs), as well as approximately 1000 temporary jobs during construction. It will also promote knowledge transfer to local staff through training in all areas of hotel operations, management of the residential tower, and operations of the commercial building. 
-	Indirect job creation and local supply chain linkages: The Project will generate incremental business and indirect jobs for domestic Micro, Small and Medium Enterprises (MSMEs) in the value chain, construction material supply and services during implementation and  transportation, F&B suppliers and other service providers during operation. 
-	Increase in domestic revenues and foreign exchange: The Project is expected to contribute to the domestic economy through increased tax revenues and foreign exchange earnings from overseas travelers.
-	Competitiveness: The Project will increase the supply of business infrastructure, and given the high existing demand for it and lack of adequate similar property developments, has the potential to have demonstration effects in the sector and contribute to driving growth in the export sector and other economic activities in Bangladesh.
WCS Dhaka Bank table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }   The project consists of a short-term loan (Working Capital Solutions, WCS) for up to $20 million and a $35 million guarantee under Global Trade Finance Program, GTFP to Dhaka Bank Limited (the "Bank" or "Dhaka Bank") to support the foreign currency needs of SMEs in Bangladesh. The financing provided is a fit with the World Bank and IFC strategy of promoting economic growth by providing access to finance to underserved market segments and promoting international trade, thereby leading to improved competitiveness, job retention and creation.   The Bank commenced operations on April 06, 1995 and has total assets of $2.48 billion as of September 30, 2016. i.	Improved Access to Credit:  The Project will increase access to finance for credit-constrained, export-oriented companies and SMEs to meet working capital requirements. It will also expand financial intermediation. 

ii.	Job Creation:  IFC's investment will further support business growth and spur job creation in the SME and export-oriented segments.

iii.	Boost Export Competitiveness: The project will help economic growth in Bangladesh by providing exporters with trade finance solutions to their working capital requirements and assist in payments for imports utilized.  This, in turn, improves their working capital cycle, thereby providing a boost in exports.
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         The proposed project consists of a Working Capital Solutions (WCS) facility for up to $30 million, a green/sustainable finance loan for up to $20 million and a $30 million guarantee under Global Trade Finance Program (GTFP) to ONE Bank Limited (the Bank or ONE Bank). The purpose of the IFC funding is to support and fund the Banks trade and lending program to its clients with focus on SME and to green subprojects in Bangladesh.  
       
       
           
       
       
         ONE Bank was incorporated in May 1999 as a private commercial bank. The Bank is listed on the Dhaka and Chittagong Stock Exchanges. The Bank's total assets stood at $2.7 billion as of September 2017 i. Inclusiveness: The proposed WCS will mostly support access to finance for credit-constrained, export-oriented companies and SMEs to meet working capital requirements. It will also expand financial intermediation.

ii. Sustainability: Through the green loan component of the project, IFC will contribute to the green and sustainable growth of the economy.

iii. Boost Export Competitiveness: The project will help economic growth in Bangladesh by providing exporters with trade finance solutions to their working capital requirements and assist in payments for imports utilized. This, in turn, improves their working capital cycle, thereby providing a boost in exports.
Bengal Hotel table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }       The proposed transaction is an A loan in Bengal Hotel and Resorts Limited (BHRL or the Company). BHRL has undertaken to develop a greenfield, 350 room business hotel property (the Project) in Dhaka, Bangladesh, to be operated by Swissotel Management GMBH (the Operator) under its Swissotel brand. IFC will invest up to US$18 million in long term debt and will mobilize up to US$18 million as parallel loan from another multilateral. The proceeds of the IFC loan will be used to fund the construction of the hotel. -	Improvement of business infrastructure: The Project will improve the supply of business infrastructure, which is important in driving growth in the export sector (primarily garmenting) and other economic activities in Bangladesh.
-	Employment creation and knowledge transfer: The Project will create approx. 400 new direct jobs (including several female jobs), as well as temporary jobs during construction. It will also promote knowledge transfer to local staff through training in all areas of hotel operations. 
-	Indirect job creation and local supply chain linkages: As in all hotel projects, a significant number of indirect jobs are expected to be created. The Project will generate incremental business and indirect jobs for domestic Micro, Small and Medium Enterprises (MSMEs) in the value chain, construction supply and services during implementation including transportation, F&B suppliers and other service providers. 
-	Increase in domestic revenues and foreign exchange: The Project is expected to contribute to the domestic economy through increased tax revenues and foreign exchange earnings from overseas travelers.
Robi Axiata IV The proposed investment involves a corporate A-loan of up to $95 million in Robi Axiata Limited (Robi or the Company on IFCs own account. The proceeds of IFCs proposed debt investment will be used to partially finance the capex program of the company for 2020-2021, including its network upgrades and expansion and spectrum acquisition (the Project).  This project is linked to Robi Axiata II  https://disclosures.ifc.org/#/projectDetail/SII/36136 The substantial project-level outcome is increased access to quality mobile connectivity. This investment will support market resilience by maintaining access to and quality of mobile connectivity during and after COVID-19
WCSS Prime Bank BSLF III The Project consists of providing a 1 year Short-Term Loan in the amount of up to US$20 million (for 12 months, renewable up to two times at IFCs option for an additional 24 months, for a maximum aggregate period of up to 36 months) to Prime Bank Limited (the Bank or Prime Bank) to support the foreign currency needs of SMEs in Bangladesh.    The Bank was incorporated in February 12, 1995 and commenced its banking business with one branch on April 17, 1995 under a license issued by Bangladesh Bank. The Bank has total assets size of US$3.16 billion as of 31st December 2013. Prime Bank has an outlet network of 138 branches (including SME branches) spread across almost all of the local cities with 151 owned ATMs. Financial Market Deepening: Facilitating increased local bank access to the commercial loan market and also facilitating the access to finance for credit constrained SMEs especially to meet working capital requirements. These will deepen the depth of the financial sector.    Demonstration Effect: IFC''s proposed package signals its confidence in the Bangladesh economy and also helps increase the Bank''s credibility in international credit markets helping continued growth of its trade financing operations.  Job Creation: Bangladesh, an IDA country, still has nearly a third of its population below the poverty line in spite of improving macroeconomic fundamentals.  IFC investment will further support business growth and spur indirect job creation in the SME and Export oriented segments.  Boost Export Competitiveness: The Facility will help accelerate economic growth in Bangladesh by providing SMEs and exporters with trade finance solutions to their working capital requirements and assist in payments for imports utilized.
PRAN Dairy Project Pran Group (Pran or the Group) has requested IFCs assistance to finance the expansion of its dairy operations, which are run under Pran Dairy Ltd (PDL), one of the Group companies.  Pran is a diversified group involved in the production and sale of a wide product range covering beverages, snacks, culinary products, confectionery, dairy products, rice and tea.  The proposed project consists of an investment of approximately $15 million for an expansion in PDLs processing and procurement capacity and related working capital needs (the Project). The agriculture sector in Bangladesh accounts for 21% of its GDP, and 55% of its population is dependent on agriculture, including 20% in dairy activities. The local dairy sector is undergoing a slow transformation from unorganized to organized channels. Within the organized sector, there are a very limited number of private sector players. The Project will support the continued expansion into the dairy sector by one of the largest agribusiness companies in Bangladesh. Pran's extensive distribution reach in Bangladesh will enable it to reach to under-served populations while bringing in improved efficiencies in the sector.

The proposed Project will also have a transformative impact on the supply chain for dairy products. Pran currently works with 17,000 farmers on the dairy business. As part of this Project, PRAN will set up 60 new dairy hubs over a course of ten years, which will enable it to increase its reach to 90,000 additional farmers. The hubs will support smallholder dairies by providing entire package of logistic support including, veterinary care, animal husbandry, dairy housing, feed, breed improvement and training.
BRAC IMPACT VENTURES LIMITED The Project is BRAC Impact Ventures Ltd. (BIVL) to implement a program of distributing 1 million zero emission Water Purification Systems (WPS) to rural low-income households in Bangladesh.  The zero emission WPS is an instant microbiological waterfilter that helps people access high quality safe drinking water by delivering approximately 30,000 liters over its lifetime to each household. The use of these WPS will also reduce the future demand for conventional water treatment through boiling water with non-renewable biomass such as firewood, therefore, the Project can aggregate numerous very small, replicable and dispersed micro-scale emission reduction activities. Distribution of total 1 million WPS will be implemented by successively implementing 40 sub-projects in 1-2 year period. -	Supporting access to affordable and potable drinking water to members of the Base of the Pyramid. -	Provision of cleaner drinking water would contribute to reducing waterborne diseases. -	Reduced Greenhouse Gas Emissions: Through this project a significant amount of GHG is expected to be reduced by replacing the traditional method of boiling water using firewood with water filters. -	Job creation: The company would be creating jobs as a new setup. - Scalable and replicable upon the successful implementation of the project: The sponsor and other players would potentially be able to scale this model as well as replicate it in other parts of the world that has potable water scarcity.
Bank Asia WCS CR The proposed Project is an up to US$25 million Working Capital Solutions (WCS) facility to be extended to Bank Asia Limited (Bank Asia or the Bank) in Bangladesh, under the FIG COVID-19 Emergency Response WCS Envelope (WCS Envelope). The WCS Envelope is designed to provide funding to existing IFC client banks in emerging markets that will then extend new trade-related or working capital loans to companies whose cash flows have been disrupted by the global outbreak of the coronavirus pandemic. This proposed Project is a one-year facility, renewable for an additional one year, for a maximum aggregate tenor of two years. This Project will support working capital, trade finance and FX liquidity needs of the sub-borrowers (export/import-based SMEs and Corporates) through Bank Asias Off-Shore Banking Unit. This proposed Project is estimated to provide ~US$110 million of liquidity in aggregate over the maximum life of the Project (up to 2 years) to Bank Asia, which will then on lend to up to 70 or more export-import based corporate and SME customers and support critical sectors like RMG/textile, Power, Pharma, Chemical, Edible Oil etc.
 
By sustaining the Banks' ability to provide these services, IFC's proposed facility is intended to promote the resilience of trade finance markets, as well as broader stability that comes about by providing for the going concern of market participants in Bangladesh. Turbulence in global funding markets, among other factors, has made it difficult for the extensive network of clients and partner banks to maintain their role as an enabling platform for liquidity to multiple emerging markets, many experiencing their own acute liquidity shocks while the need for liquidity increases. IFC expects the facility to attract additional private sector investors and partners to support emerging market liquidity, strengthening the market's ability to absorb shocks imposed by the current crisis.
Grameen Phone V The proposed IFC support (Grameen Phone V or the Project) is a financial package of up to $300 million, comprising an A Loan and Parallel Loans to finance the medium term capital expenditures program of GrameenPhone Limited (GP or the Company) for the 2012-2014 period. The capital expenditure program includes network and capacity expansion, technological advancement, energy efficiency initiatives and improvement of services. Bangladesh is an IDA country with nominal GDP per capita of around $550 for 2009. The country has one of the lowest teledensities (only 42%) and highest subscriber growth in the world.  Since 2006, total number of subscribers has increased from 20 million to more than 65 million, with a significant impact on the economy in terms of aggregate investment, employment and productivity levels, particularly in rural areas. By further investing in network development, offering improved connectivity and additional services, GP will continue to assist Bangladesh to build its competitive strength. The Project will also enhance competition in the sector, leading other mobile operators to invest further in their networks, thereby increasing availability and improving the quality of cellular services and lower tariffs.
DBBL Investment Package The proposed investment comprises of (i) a 3-year senior unsecured loan of up to US$20 million with an annual amortizing structure to support climate linked trade and (ii) an unfunded guarantee facility under the Global Trade Finance Guarantee Program of IFC (the Project) to support trade finance expansion in Bangladesh. The facilities will be extended to Dutch Bangla Bank PLC (DBBL or the Bank), a large private bank with an asset base of US$5.3 billion (4th largest amongst conventional private commercial banks) and ranking 2nd in terms of deposits. In addition, the project is supported by the IDA20 IFC-MIGA Private Sector Windows Blended Finance Facility (IDA PSW-BFF) to de-risk the investment. IFC anticipates supporting DBBL through the proposed financing package to strengthen DBBLs existing portfolio of climate investments. This Project is expected to  (i) enable DBBL to refocus its existing industrial exposures to adapting more sustainable operations as it has significant exposures in business segments that require adoption of climate friendly practices to be competitive and operational such as RMG and textiles , and (ii) demonstrating the potential of increasing green financing and supporting the adoption of green practices by working with industry partners in export-oriented industries, a key economic segment in Bangladesh.   IFCs climate linked trade loan is expected to refocus existing and new trade portfolios of Banks in Bangladesh towards adopting climate related and environmentally sustainable practices amongst borrowers.
Frontier II The project entails an IFC equity investment of up to US$ 20 million in Frontier Bangladesh II L.P. (the Fund or Frontier II).  The Fund has an investment emphasis on companies requiring growth capital and strategic inputs for growth.  The proposed project is a successor fund to Frontier PE (Cayman) L.P. (Frontier I), a US$88mn fund of 2009 vintage, which was the first PE fund in Bangladesh established with IFCs support.  Frontier II has a target size of US$100million, accepting up to US$150 million. The Fund will invest in small and medium sized companies engaged in a broad range of sectors, including but not limited to consumer, manufacturing, agriculture, healthcare, technology and hospitality. (i)	Job creation: The fund is expected to deploy growth capital in private sector companies spurring job creation, which is typically at a higher rate than the national average.   (ii)	Private sector development: The Fund is expected to promote sustainable growth in companies that do not have access to other sources of capital.  There is significant value addition to portfolio companies through capacity building, improved corporate governance and transparency, while providing operational and financial expertise in building new business opportunities and partnerships.  (iii)	Frontier Market Development: The Fund is expected to create access to capital in an underserved PE market and the Fund's successful exits of investee companies, which potentially include IPOs, would help in deepening of domestic capital markets. (iv)	Incorporating IFC's E&S standards: applying international best ESG practices at the Fund and investee level will contribute to sustainable economic development.
DeltaBRAC Housing Finance Corporation (DBH) Summary Of Project Information (SPI)       Project Name    Bangladesh-DeltaBRAC Housing Finance Corporation (DBH)              Region    Asia        Sector       Project No008058   Projected Board DateJune 5, 1997   Company NameDeltaBRAC Housing Finance Corporation (DBH)   Technical Partner and/or Major Shareholders    	The project is being sponsored by two prominant local institutions: Delta Insurance Group (45%), a local life and casualty company, and BRAC (25%), one of Bangladeshs largest Non-Governmental Organization (NGO). In addition, IFC and Housing Development Finance Corporations of India are also expected to participate each with 15% shareholding. HDFC is also the technical partner in the project.     Project Cost Including proposed IFC investment    	Shareholders have requested IFC to provide an equity investment of US$0.75 million and a long term A loan of US$2.5 million.    Location of project and Description of site    	Dhaka, Bangladesh    Description of Company and Purpose of Project    	 The project aims at creating the first private housing finance company in Bangladesh to provide mortgage finance to a target group (ranging from lower-middle to higher income households) who can afford monthly mortgage payments at various ranges. The project responds to the rapidly growing demand for urban housing in the local markets and the limited supply of mortgage finance.     Environmental Category and Issues    	This is an environmental review category C project. No further review is necessary.         Date SPI sent to PIC     May 1, 1997      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365