PRABRIDDHI joins hands with light engineering associations in Bogura municipality

Entrepreneurial ecosystems
On 28th March 2023, PRABRIDDHI-Local Economic Development (LED) project of Swisscontact and three light engineering associations signed an agreement to increase competitiveness and foster development of the light engineering sector in Bogura municipality. 

Following a Rapid Economic Appraisal (REA) process conducted by PRABRIDDHI with the public and private sector stakeholders in Bogura, it was discovered that the light engineering sector of Bogura would thrive massively if provided support with digitisation, improving production process, driving innovation to the sector, systematic network linkages, and quality assurance. In this connection, PRABRIDDHI signed a memorandum of understanding (MoU) with The Foundry Owners Association (FOA), Bangladesh Agricultural Machinery Merchant Association (BAMMA) and ​​Bangladesh Engineering Industry Owners Association (BEIOA) on 28th March 2023 at the Bogura municipality. Under this partnership, PRABRIDDHI and the associations shall facilitate activities to support the development of the light engineering sector which will lead to the betterment of overall sector competitiveness and growth. The light engineering sector is one of the key drivers for economic growth in the municipality, therefore the development of the sector will not only benefit the businesses but will have a wider impact on the overall economy of Bogura municipality.  

Entrepreneurial ecosystems
PRABRIDDHI – Local Economic Development
PRABRIDDHI focuses on building the capacity of an urban or rural territory to create a competitive advantage for its enterprises through a broad set of activities and improve the economic well-being of its people and workers.