Rly dev: BD-ADB sign $100m loan deal
Wednesday, 6 August 2014
The Asian Development Bank (ADB) and the government of Bangladesh on Wednesday signed an agreement for a $100-million loan to help improve the capacity, efficiency and safety of railway systems in Bangladesh. Secretary of the Economic Relations Division (ERD) Mohammad Mejbahuddin and Kazuhiko Higuchi, Country Director for ADB’s Bangladesh Resident Mission, signed the deal on behalf of their respective sides at a ceremony at ERD in the afternoon, according to a news agency.