ADB Backs Urban Development in 2 Bangladesh Cities

A view of a typical street in Dhaka, Bangladesh. The Asian Development Bank is lending USD120 million to improve urban infrastructure and planning in Dhaka and Khulna, two of Bangladesh's biggest cities. Photo by: Ashiful Haque / CC BY Ashiful HaqueCC BY

The Asian Development Bank has approved a USD120 million loan to support the overhaul of urban infrastructure and planning in two of Bangladesh’s biggest cities.

The funding will go toward the Bangladesh City Region Development Project, which aims to improve drainage, water, urban transport and other facilities in the cities of Dhaka and Khulna and their surrounding towns. The project also covers installing solar-powered street lights and energy-efficient water pumps.

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.