More ADB Funds for Bangladesh Urban Development Scheme

The Asian Development Bank will lend an additional USD87 million to help bolster water, sanitation, solid waste management and other urban services in 35 small and medium towns in Bangladesh. Running from 2009 to 2014, the project will also receive a total of USD40.8 million from German development agencies, GTZ and KfW. Disbursement of funds is tied to progress in governance reforms and enhancement of urban services. (“ADB Reinforces Support for Urban Development in Bangladesh” - Asian Development Bank, Oct. 29, 2008)

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