DHAKA Jordan Whitehead Buccaneers Jersey , June 4 (Xinhua) -- The World Bank has approved 100 million U.S. dollars financing to support Bangladesh in diversifying exports in labor and skill intensive industries beyond the garment sector.
The Export Competitiveness for Jobs Project will improve competitiveness of existing and potential export-oriented industries such as leather, footwear, plastics and light engineering, where Bangladesh has demonstrated a competitive edge, said the Washington based lender in a statement received here Sunday.
The project will help create more than 90 Alex Cappa Buccaneers Jersey ,000 jobs in non-Ready Made Garment (RMG) export sectors, it said.
"Bangladesh is the world's second largest garments exporter after China and it can boost growth by diversifying its exports, and repeat the garment sector success story in other sectors," said Qimiao Fan, World Bank Country Director for Bangladesh Ali Marpet Buccaneers Jersey , Bhutan and Nepal.
"The project will help the economy to integrate further into the world trading system, and provide better jobs to Bangladeshi youth entering the labor market in the next decade, with a particular focus on improving female labor participation."
The project will help firms to access international markets and enhance their ability to comply with international standards through awareness building and matching grants.
The project will also support marketing and branding efforts to strengthen linkages to existing and new markets. It will also address the shortage of skills development, especially in industrial training for women, as well as in infrastructure and technology.
"The project will enhance growth and competitiveness of selected sectors that have a demonstrated comparative advantage or that provide essential inputs in export-oriented manufacturing value chains Donovan Smith Buccaneers Jersey ," said Michael Olavi Engman, World Bank Team Leader for the Export Competitiveness for Jobs Project.
"The project will encourage training to improve skills and labor productivity, and thus help generate better-paid jobs. The average wage growth for firms benefitting from the project could rise by an estimated 34 percent by the end of the project."
Although the RMG sector constitutes 82 percent of exports, employment growth in the sector has stalled. However, the non-RMG manufacturing sectors have been generating about 300 Noah Spence Buccaneers Jersey ,000 new jobs annually since 2010.
Light manufacturing sub-sectors, which are labor intensive and employ women, have expanded employment by 4.3 percent annually since 2010. The project will build on this momentum, and help increase the number of firms directly exporting in targeted sectors by about 29 percent.
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Smoke billows past minarets after an aerial bombing by the Philippine Air Force on militant Islamist positions in Marawi Vernon Hargreaves III Buccaneers Jersey , on the southern island of Mindanao on Tuesday. Photo: AFP
Civilians held hostage by Islamist militants occupying a southern Philippine city have been forced by their captors to loot homes, take up arms against government troops and serve as sex slaves for rebel fighters, the army said on Tuesday.
Citing accounts of seven residents of Marawi City who either escaped or were rescued, the military said some hostages were forced to convert to Islam, carry wounded fighters to mosques Kendell Beckwith Buccaneers Jersey , and marry militants of the Maute group loyal to the Islamic State.
"So they are being forced to be sex slaves, forced to destroy the dignity of these women," military spokesman Jo-Ar Herrera told a news conference.
"So this is what is happening inside, this is very evident ... these are evil personalities."
Their accounts, which could not be immediately verified Chris Godwin Buccaneers Jersey , are the latest harrowing stories to come out of a conflict zone that the military has been unable to penetrate for five weeks, as well-armed and organized rebels fight off soldiers with sniper rifles and rocket-propelled grenades.
Some escapees say bodies of residents have been left in the streets, some for weeks, and civilians are distressed by government air strikes and artillery bombardments that have reduced parts of Marawi to rubble.
The protracted seizure has worried the region about the extent the Islamic State's agenda may have gained traction in the southern Philippines, which is more used to banditry Justin Evans Buccaneers Jersey , piracy and separatism than radical Islam.
The rebels' combat capability, access to heavy weapons and use of foreign fighters has raised fears in the mainly Catholic country that the Marawi battle could just be the start of a wider campaign, and be presented by Maute as a triumph to aid their recruitment efforts.
Heavy clashes broke out on Tuesday as the battle entered its sixth week, with intense bombings by planes on a shrinking rebel zone.
The government ruled out negotiations after reports that Abdullah Maute, one of two brothers who formed the militant group carrying their name O. J. Howard Buccaneers Jersey , wanted to trade a Catholic priest hostage for his parents arrested earlier this month.
The military said on Saturday Abdullah Maute had fled.
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