Bangladesh, ADB sign $1.026b loan agreements for 5 projects

The Asian Development Bank (ADB) and the Government of Bangladesh have signed loan agreements for five projects, amounting to a total of $1.026 billion.

Md Shahriar Kader Siddiky, Secretary, Economic Relations Division, and Edimon Ginting, ADB Country Director for Bangladesh signed the agreements on behalf of Bangladesh and ADB, respectively, according to ADB press releases issued Tuesday.

he projects are-

• Smart Metering Energy Efficiency Improvement Project
• Vaccines, Therapeutics, and Diagnostics Manufacturing and Regulatory Strengthening Project
• Chattogram Hill Tracts Inclusive and Resilient Urban Water Supply and Sanitation Project
• Improving Computer and Software Engineering Tertiary Education Project, and
• Third tranche of the Second South Asia Subregional Economic Cooperation (SASEC) Dhaka-Northwest Corridor Road Project.

/KN/