Islamic Development Bank to fund refining plants in Bangladesh
The Islamic Development Bank has signed an agreement with the Bangladeshi government to develop refining facilities in Bangladesh, with the aim of enhancing production capacity and improving the quality of petroleum products. The project will include a significant investment to modernize the refineries and increase their efficiency, contributing to achieving self-sufficiency and creating new employment opportunities. This collaboration is expected to boost the crude oil sector and related industries in the country, with a focus on sustainability and achieving economic growth.
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