StanChart launches seven agri research initiatives

Standard Chartered Bangladesh has unveiled seven new agricultural research initiatives aimed at driving innovation and fostering community engagement in the country's agricultural sector.

These research projects are part of the bank's ongoing efforts to support and enhance research in agriculture, focusing on productivity, mechanization, and post-harvest management, says a statement.

These research initiatives focus on a wide range of critical areas within Bangladesh's agricultural landscape. These include developing climate-resilient crops such as nutrient-rich carrots and tomatoes, enhancing mango production through environmentally consciouspest management, and expanding rice irrigation in off-grid areas using solar-powered systems.

Other projects aim to reduce dependency on commercial feed in aquaculture by introducing plant-based alternatives, improve Boro rice cultivation through IoT-based water management, enhance crop resilience in saline-affected coastal region through indigenous fungi induced fertilisation, and enhancing dairy production through advanced heat stress management and early pregnancy detection technologies.

Collectively, these projects represent innovative solutions to pressing challenges in food security, productivity, and sustainable farming through practices that are environment-friendly.

Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh, said, "Through these agricultural research initiatives, we are addressing some of the most pressing challenges faced by the sector, from food security and climate resilience to technological innovation. By leveraging the expertise of our Jury Panel and working alongside leading researchers, we are confident that these projects will make a significant impact, enhancing productivity, sustainability, and the livelihoods of countless individuals across the country."

He added, "I would like to extend my heartfelt thanks to our Jury Panel for their valuable insights and dedication, and to the brilliant researchers whose work will be instrumental in shaping the future of agriculture in Bangladesh. We are proud to play a part in driving transformative change in the sector, ensuring a brighter, more resilient future."

To ensure the selection of the most impactful projects, the bank assembled a five-member jury panel of distinguished agricultural experts. Following a rigorous evaluation process, seven initiatives were selected based on their potential to significantly contribute to the sector's growth, food security, and sustainability. Each project addresses critical challenges in Bangladesh's agriculture, aiming to bring about transformative change.