Thursday, 01 October 2015 00:00

Chevron Bangladesh Launches Enterprise Development Pilot with BRAC

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 ED-Pilot-Press-Release
Chevron Bangladesh today announced the launch of an 18-month pilot for an enterprise development programme. The initiative, to be implemented by BRAC, will be for the communities of the Bibiyana, Jalalabad and Moulavi Bazar gas field locations where Chevron operates. It is part of the five-year Bangladesh Partnership Initiative (BPI), a $10M commitment that was formally launched in September 2014 to support economic development. The ceremonial event held at a local hotel was graced by the presence of Energy Adviser to the Prime Minister of Bangladesh, Dr. Tawfiq-e-Elahi Chowdhury, Bir Bikram, and the United States Ambassador to Bangladesh, Marcia Stephens Bloom Bernicat, who attended as Chief and Special Guests respectively. Also present were President of Chevron Asia Pacific Exploration and Production, Melody Meyer; Senior Director of Strategy, Communications and Empowerment at BRAC, Asif Saleh; Managing Director of Chevron Asia South Ltd Brad Middleton, and Chevron Bangladesh President, Kevin Lyon.   

It is anticipated that the programme will reach approximately 20,000 beneficiaries, and up to 1,500 enterprises will be established during its lifespan.

Mr. Lyon said in his remarks, “We feel privileged that BRAC, the world’s largest NGO, is partnering with us on this important journey. We’re confident that their tremendous knowledge and vast experience will help us significantly improve the socioeconomic standing of our communities. BPI is a five-year programme, but I hope that its impacts will be sufficiently far-reaching to continue beyond its lifespan and beyond Chevron’s intervention. We want to be a part of the success of our communities, and I’m excited that the launch of this pilot will be a key step in that direction.”
Mr. Saleh said, “The project focuses on inclusion, sustainability and self-dependence. BRAC’s strength is working in the rural Bangladesh focusing on holistic development and the partnership with Chevron will have a bigger impact in generating livelihoods for the target group. We hope our joint work can give people the tools to climb out of poverty and lead them towards prosperity.”

Chevron Bangladesh entities are subsidiaries of Chevron Corporation, one of the world's leading integrated energy companies. It produces natural gas from the three fields of Bibiyana, Jalalabad and Moulavi Bazar in North-Eastern Bangladesh. In areas where we operate, we invest in activities and programmes that focus primarily on economic development, education and health care, collectively reaching nearly 37,000 people. We work with our communities across our operations, building long-term partnerships that foster social and economic development.

 

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