News
08 July 2020

DEG agrees loan to Bangladesh electrical goods producer Walton

Region:
Asia-Pacific

Germany's DEG is providing Bangladesh-based Walton Hi-Tech Industries with a long-term loan of €20 million.

The manufacturer of electrical and electronics household devices will use the funds to modernise its 19 production facilities and to expand its range of products. The investments will create some 360 direct jobs and a further 1,000 in the sales network.

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