Japan International Cooperation Agency (JICA) will fund new six projects. These projects are Dhaka-Chittagong power grids, maternal health scheme under the Women and Children's Affairs Ministry, construction of 61 bridges across the country and the city's building security and local development projects.
To this end, a contract will be signed next month with JICA, Bangladesh's one of the main development partners.
"A Japan mission, now in Dhaka, is in talks with Bangladesh officials to finalise JICA's US$12 billion funding," a senior official at the Economic Relation Division said.
According to ERD, JICA has funded 35 development schemes so far.
Meanwhile Bangladesh has developed some social and security index of Millennium Development Goals (MDG) of the United Nations, including maternal death rate cut. But such deaths during childbirth still prevail and many mothers fall victim to malnutrition. The JICA will fund a project under the Women and Children's Affairs Ministry to solve the problem.
Earlier, JICA funded three key development projects--Karnaphuli Water Supply Project-Phase 1, Khulna Water Supply Project and Chittagong City Outer Ring Road Project.
The Karnaphuli Water Supply Project-Phase 1 is aimed at producing 143 million litres of water per day by setting up a water treatment plant, constructing a 24 kilometre transmission line between the plant and the reservoir at Nasirabad, 6 km transmission pipeline from Nasirabad to Battali Hill, 44 km distribution pipeline, reservoir at Nasirabad and Battali and improvement of Khulshi booster pump station.
The project got approval of the Executive Committee of the National Economic Council (ECNEC) in 2006 but failed to make any visible progress until the beginning of 2009.
Land acquisition for the project completed by the end of 2009 and construction had started in 2010. The project was scheduled to complete by August 2014.
The Khulna Water Supply Project got approval from the Local Government Division in February 2010. It aims at more access to potable water and adaptation  to climate change by raising water supply system capacity.
Asian Development Bank (ADB), JICA and the government of Bangladesh are funding the $364 million project, approved by ECNEC in June, 2011. The project is scheduled to complete in June, 2017.
To supply more to city dwellers, water would be brought to Khulna city from the river Madhumati.
Under the project, construction of a water treatment plant with a capacity of 110 million litres per day, 11 water reservoirs and 5 underground reservoirs in different places are underway.
About 750 kilometres of distribution and connecting lines of different sizes are also under installation.
Earlier, after the tragic incident of Rana Plaza on April 24, 2013, the Japanese government through JICA initiated a project, RMG Sector Safe Environment, and created a Tk 100 crore fund with the Bangladesh Bank.
The RMG owners will be financed
from this fund to make the work zones safer.
Under the programme, JICA opened up the doors for the RMG owners to assess the extent of damage in factory buildings and take the opportunity of the provided JICA fund to retrofit the faulty ones.
A total of 300 RMG factories applied for assessing their factories, of which 214 were selected for the assessment by another JICA project, 'Capacity Development on Natural Disaster Resistant Techniques of Construction and Retrofitting for Public Buildings (CNCRP)', implemented by the Public Works Department (PWD).