Inauguration of BSRM’s environment-friendly steel plant funded by JICA
The Japan International Cooperation Agency (JICA) has funded the new environmentally friendly steel plant of Bangladesh Steel Re-Rolling Mills (BSRM) Limited. The plant is located at Mirsharai, Chattogram, and it was inaugurated on February 1, 2025. The ceremony marked a significant milestone for JICA supporting Bangladesh’s private sector. The project, supported by a USD 50 million loan signed in October 2023, represents JICA’s eighth Private Sector Investment Finance (PSIF) transaction and its first corporate loan project in Bangladesh.
The inauguration ceremony was attended by Adilur Rahman Khan, Advisor to the Ministry of Industries and Ministry of Housing and Public Works; H.E. Antonio Alessandro, Italian Ambassador to Bangladesh; Dr Shahadat Hossain, Mayor, Chattogram City Corpora...