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IDB likely to provide $320m for three projects

Monday, 9 May 2011


The Islamic Development Bank (IDB) is likely to provide US$320 million assistance to Bangladesh for Padma Multipurpose Bridge (PMB) project, construction of cyclone shelters-cum-schools, ensuring safe water and sanitation in the Sidr affected areas. Three agreements between the Economic Relations Division and IDB are likely to be signed on May 23 and 24 said sources. -UNB