Business Report :
Thursday marked the official launch of the “Advancing Decent Work in Bangladesh” project, a collaborative initiative between the Government of Bangladesh (GoB) and the International Labour Organization (ILO).
The project is funded under the Team Europe Initiative on Decent Work in Bangladesh by the European Union, Denmark, the Netherlands, and Sweden.
The project aims to support the implementation of the government’s labour sector reform commitments with funding of USD 24.7 million over the next four years.
These reforms support good governance, safeguarding of fundamental principles and rights at work, and sustainable and competitive enterprises – all of which are crucial for Bangladesh’s smooth transition from the Least Developed Country (LDC) status in 2026.
“We are committed to playing our part in supporting social justice, in promoting labour reforms in Bangladesh, and securing decent work for men and women in all industries and sectors of the economy,” said Heroic Freedom Fighter Md. Nazrul Islam Chowdhury, MP, Hon’ble State Minister, Ministry of Labour and Employment, during the launch event in Dhaka.