ADB Commits Continued Support for Bangladesh’s Post-pandemic Recovery

14 August 2022

ADB has committed continued support for the improvement of Bangladesh’s key infrastructures as the country carries on its path of post-pandemic recovery and as it deals with the impact from ongoing global crises. ADB’s 2023–2025 lending pipeline for Bangladesh stands at approximately $9.4 billion—around $3 billion each year—for 44 projects. This includes development of roads and railway corridors that will be complemented by necessary reforms to facilitate inter-regional trade, improve access to market and job opportunities, and promote private sector investment opportunities.

ADB will also provide integrated solutions to climate change mitigation and adaptation. Opportunities for energy efficiency and renewable energy will be encouraged to accelerate clean energy transition.

The lending pipeline indicates support for the following sectors: transport, education and health, water and urban, finance, energy, and agriculture. The transport sector will get the highest allocation of $2.9 billion from the three-year lending pipeline. The energy sector will receive $1.07 billion.

 

Related link

ADB pledges $9.46bn until 2025 

In a landmark move to enhance tourism cooperation between India and Nepal, the Indian Association of Tour Operators...

Read More


Reliance Power of India has signed a major agreement with Green Digital Private Limited, a Bhutan government-owned entity,...

Read More


The Adani Group of India and the Druk Green Power Corporation (DGPC) of Bhutan have signed a landmark...

Read More


Mr. Deepak Khadka, Minister for Energy, Water Resources and Irrigation of the Government of Nepal, and Mr. Manohar...

Read More


The Governments of India and Nepal held their 21st Director-General Level Talks on Customs Cooperation in Kathmandu, Nepal,...

Read More


Thailand and Sri Lanka aim to expedite the implementation of the Thailand-Sri Lanka Free Trade Agreement (FTA), signed...

Read More


The Governments of Bhutan and Thailand have signed a landmark Free Trade Agreement (FTA) that aims to deepen...

Read More