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 

Nepal has taken a significant step in enhancing its energy cooperation with India by signing a $12.36 million...

Read More


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

Read More


Southeast and South Asia are two of the most dynamic and fastest growing regions in the world....

Read More


The passenger ferry service between India and Sri Lanka resumed operations on 16 August 2024, marking a significant...

Read More


Mr. Vikram Misri, Foreign Secretary of the Government of India, met with Dr. Arzu Rana Deuba, Minister of...

Read More


Mr. Masood Imad, High Commissioner of the Maldives to Sri Lanka, emphasized the importance of collaboration between Maldives...

Read More


The Memorandum of Understanding signed by the governments of Bhutan and India, attended by Bhutan Prime Minister Tshering Tobgay...

Read More