BD to get $338m ADB fund for vaccine production

The Asian Development Bank (ADB) will provide $338 million to Bangladesh for manufacturing vaccines to give people protection against various diseases, reports BSS.
ADB Country Director Edimon Ginting shared this at a meeting with Planning Minister MA Mannan at the latter's office in the capital Wednesday.
Talking to reporters after the meeting, the Planning Minister said that the government has initiated the draft project for producing vaccines locally to give protection against various diseases like COVID-19 and dengue.
He said with the passage of time, many new diseases and viruses can attack mankind for which there is a need to take early preparations.
For this, the project is being framed, he added.
Mannan said that the ADB in the meeting offered a $338 million loan for the project of which the half would be in low interest rate while the interest rate for the rest would be regular.