The Japan International Cooperation Agency (JICA) will provide Taka 100 crore in loan for repairing risky buildings of garments factories to minimize accidents like Rana Plaza collapse.
Bangladesh Bank (BB), Public Works Department, JICA,Bangladesh Garment Manufactures and Exporters Association (BGMEA) and Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) will sing a memorandum of Understanding (MoU) tomorrow.
After the singing of MoU, the central bank will publish a circular for the commercial banks informing them about the fund and its utilization, said BB's SME and Special Programmes Department General Manager Sukamal Sinha Choudhury.
"Only the owners of risky building will get the loan facility...the highest tk. 10 corer will be given to a owner," he added.
Loan will be allocated on the basis of the inspection reports of the JICA representatives and first come, first served basis.
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