The Asian Development Bank (ADB) will extend a $600 million loan to Bangladesh to help the country strengthen its economic management and establish a transparent and accountable regulatory environment for private sector development.
The plant will produce 660,000 tonnes of wheat with 37% less electricity than regular
Inflation is projected to hit double digits at the end of the current fiscal year owing to supply-side disruptions and higher import costs as a result of currency depreciation, according to the Asian Development Bank (ADB).
The ‘Second Strengthening Social Resilience Program’ will help improve financial inclusion of disadvantaged people
The Asian Development Bank (ADB) has approved a $71 million loan to improve flood control, irrigation, and water resources management in rural communities in Gopalganj and Madaripur districts to strengthen their preparedness and resilience to the effects of climate change
The Dhaka Power System Expansion and Strengthening Project will construct eight substations
The loans will be used for energy efficiency, vaccine production, clean water, computer science education and Dhaka-Northwest road corridor
Developing Asia consists of 46 economies in the Asia-Pacific and excludes Japan, Australia and New Zealand.
Though eucalyptus was eradicated from the public forest land, social forestry continues at a very high cost to natural ecosystems.
The Asian Development Bank (ADB) has approved a second portion loan of $170 million to conclude the Third Capital Market Development Program in Bangladesh.
The 10th President of the Asian Development Bank (ADB) Masatsugu Asakawa assumed office today.
The Asian Development Bank (ADB) and Bangladesh government sign agreements for $33.26 million in loan for a project to design the Dhaka Mass Rapid Transit (MRT) line 5 (Southern route) that will help ease the traffic and pollution burden in Dhaka city.
Asian Development Bank is poised to provide financial support to the government to form a public asset management company (PAMC) with a view to arresting the upward trend of defaulted loans.
Asian Development Bank (ADB) and Bangladesh government sign an agreement of $150 million in loan to continue support in skill development training.
Asian Development Bank (ADB) and Bangladesh government signs an agreement of $11 million in loan to develop water supply and sanitation priority in urban area of the country.
The Asian Development Bank (ADB) has approved a 271.84 million euros ($300 million equivalent) loan for a project to expand transmission lines in greater Dhaka and the western zone of Bangladesh.
Asian Development Bank will fund the expansion of the country’s four highways into four lanes. The highways are Dhaka-Sylhet, Rangpur-Banglabandha, Rangpur-Bhurimari and Barishal-Faridpur.
The impasse over financing of the expansion of 214-kilometre Dhaka-Sylhet Highway into four lanes is likely to end soon, as Asian Develop-ment Bank has given “consent” to fund the project, officials said.
Asian Development Bank’s strategy going forward will be to respond to the changing needs of the Asia and the Pacific region, says its President Takehiko Nakao.