Improve the safety and environmental footprint of textile factories

ongoing

A 50 million Euro line of credit will enable exporting factories to finance the work necessary to bring buildings up to safety standards (electrical and fire safety, structural soundness). Investments to improve working conditions, limit pollution and improve the environmental footprint of RMG factories, including better effluent, water and energy management, will also be eligible.As an incentive, the European Union and KfW are financing an investment bonus scheme, paid at the works completion, which will soften the loan conditions for factories.Finally, a GIZ technical assistance program is aimed at supporting the factories in their investment plan, as well as in helping commercial banks to develop a service offer adapted to funding these investments and in strengthening their capacities for this purpose.