bangladesh economics current condition, garments sector and reredp

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- Marufa Bhuiyan Economics: Current Condition, Sustainable Approaches and A Successful Model -Marufa Mithila In the NEWS BANGLADESH

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Page 1: Bangladesh economics current condition, garments sector and reredp

- Marufa Bhuiyan

Economics:

Current Condition,

Sustainable Approaches

and A Successful Model

-Marufa Mithila

In the NEWS BANGLADESH

Page 2: Bangladesh economics current condition, garments sector and reredp

Textiles: Critical to Bangladesh Economy

Agriculture

Infrastructure

Technology

Transportation

Environment and Energy…

Page 3: Bangladesh economics current condition, garments sector and reredp

Textiles: Basic Needs Vs the True Reality!

Page 4: Bangladesh economics current condition, garments sector and reredp

Inside Story : Garments Factories

Page 5: Bangladesh economics current condition, garments sector and reredp

Rural Electrification and Renewable Energy Development Program

(REREDP) (Phase I & II)

Funded by World Bank, GEF, ADB, IDB, kfw, and GoB.

Implemented by Infrastructure Development Company Limited (IDCOL)

Senator John Kerry in his speech at the World Bank Head office on

November 19, 2009 mentioned-

IDCOL SHS program as ‘Literally life altering project of The World

Bank’.

A Successful Model : REREDP

Page 6: Bangladesh economics current condition, garments sector and reredp

How it works successfully ….

•IDCOL: Working with 46 NGOs &

Business Companies

•Output: Total 1,938,957 SHS (Jan 2013)

•Zeroing the Subsidies within Yr 2014

•Success Stories and Case Studies

•Target: Reaching off-grid areas, also

Integrating Business Entrepreneurs

http://www.sciencedirect.com/science/article/pii/S1876610213000854

Page 7: Bangladesh economics current condition, garments sector and reredp

Program Summary & Financials •Started: January 2003

•Unit price range: USD 225- 815

•Average price: USD 380

•Grant/unit: USD 438

•Refinancing/unit: Up to EUR 176

•Loan Term: 10 years + Grace: 2 years

•Interest: 12% – 15% annual

•IDCOL refinance (80%): USD 232.29

•Partner Org Contribution (20% of Loan ):

USD 58.07

Source: Overview of the policies - Bangladesh (RENDEV), IDCOL SHS

model,financial model design- Bangladesh (RENDEV), Intellecap analysis.

Fig. IDCOL SHS installations from 2003 – 2012

Page 8: Bangladesh economics current condition, garments sector and reredp

Flashback founders

Technology changes, but fashion (and

hair) never does!

Social Enterprise

Innovative Business IDEAS

Most Optimal Solution

What does society require?

Real business cards - which type works

best?

Page 9: Bangladesh economics current condition, garments sector and reredp

Inspired by the

discussion of

Lance Fors,Board Chair Social Venture Partner

International

Team

Time

Management

Page 10: Bangladesh economics current condition, garments sector and reredp

Thank You!