Bangladesh Seeks More JICA Infrastructure Aid

Bangladesh is eyeing an additional USD150 million from the Japan International Cooperation Agency to help build the Padma bridge.

Japan earlier pledged USD300 million for the project, which is also being funded by the World Bank, Islamic Development Bank, Abudhabi Fund and Asian Development Bank. As reported by Devex, ADB is providing USD615 million for the construction of the Padma bridge.

>> Bangladesh Bridge Scheme Wins ADB Aid

The USD2.19 billion project will link 19 districts of the southwestern region with the country’s eastern part.

JICA President Sadako Ogata vowed to increase grant and technical support to Bangladesh’s power, information and communication technology, environment, sewerage and drainage sectors, The Daily Star reports.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.